US Authorities Indict Cybersecurity Engineer for $9M Crypto Hack

  • Shakeeb Ahmed, a cybersecurity expert, is accused of hacking a cryptocurrency exchange and stealing approximately $9 million.
  • While the victim exchange was not specified, reports align the theft with an attack on Crema Finance in July 2022.
  • Ahmed allegedly exploited a vulnerability in the exchange, inflated fees to steal funds, and later attempted to launder the stolen cryptocurrency.
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