The first ever conviction for the hack of a smart contract – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.
Posted
S
External Link
Sean Hollister
“The first ever conviction for the hack of a smart contract.”

Shakeeb Ahmed — an ex-Amazon security engineer who admitted to stealing over $12.3M from two cryptocurrency exchanges using exploits — has been sentenced to three years in prison, will forfeit the stolen money, and pay $5M as well.

More about the exploits:

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. You’re about to feel the AI money squeeze
  2. Alex Jones has uncovered another massive conspiracy
  3. Microsoft brings Xbox back, scraps Microsoft Gaming
  4. 360-degree cameras have a new superpower
  5. THE PEOPLE DO NOT YEARN FOR AUTOMATION
    Video

More in News

BMW is one step closer to selling you a color-changing carBMW is one step closer to selling you a color-changing car
The RAM shortage could get even worse if Samsung labor protests cut productionThe RAM shortage could get even worse if Samsung labor protests cut production
360-degree cameras have a new superpower360-degree cameras have a new superpower
Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?
Instagram has launched another Snapchat cloneInstagram has launched another Snapchat clone
China’s DeepSeek previews new AI model a year after jolting US rivals China’s DeepSeek previews new AI model a year after jolting US rivals 

Top Stories