Engineer who hacked into Nirvana Finance pleads guilty, will forfeit more than $12.3 million in assets
On December 15th, the Southern District of New York Prosecutor's Office in the United States revealed that security engineer Shakeeb Ahmed admitted to attacking Nirvana Finance (a Solana ecosystem algorithmic stablecoin protocol) and another decentralized cryptocurrency exchange, marking the first time someone has been convicted of hacking a smart contract.
Ahmed pleaded guilty to computer fraud before U.S. District Judge Ona T. Wang and agreed to forfeit over $12.3 million, including approximately $5.6 million in cryptocurrency obtained through fraudulent means, and to pay a total of $5,071,074.23 in compensation to the victims.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to TANSSI Savings and enjoy up to 15% APR
TACUSDT now launched for futures trading and trading bots
VELVETUSDT now launched for futures trading and trading bots
Bitget Spot Bot adds PUMP/USDT
Trending news
MoreCrypto prices
More








