US court hands down historic sentence for smart contract hacker

A US court has sentenced Shakeeb Ahmed to three years in prison for hacking two separate decentralized crypto exchanges and stealing digital assets worth over $12 million, according to an April 12 statement from the US Department of Justice. The sentencing marks the first time someone has been convicted for hacking a smart contract…
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"The only truly secure system is one that is powered off, cast in a block of concrete and sealed in a lead-lined room with armed guards." — Gene Spafford

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