Prosecutors, who previously described the arrest as the first related to an attack on a smart contract, asked U.S. District Judge Victor Marrero to impose a sentence of four years in prison.
April 12, 2024 at 04:49 PM
3 minute read
U.S. District Judge Victor Marrero of the Southern District of New York on Friday sentenced former Amazon security engineer Shakeeb Ahmed to three years in prison in connection with a cryptocurrency hacking scheme.
Ahmed, 34, pleaded guilty to one count of computer fraud in December, acknowledging that he hacked two crypto exchanges and stole more than $12 million in cryptocurrency in the summer of 2022. He was ordered to forfeit about $12.3 million and pay more than $5 million in restitution.
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