EX-SECURITY ENGINEER JAILED 3 YEARS FOR $12.3 MILLION CRYPTO EXCHANGE THEFTS

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A former security engineer at Amazon, Shakeeb Ahmed was sentenced to three years in prison for hacking two cryptocurrency exchanges in July 2022 and stealing over $12.3 million. He pled guilty to computer fraud charges in December 2023 following his arrest in July. Ahmed exploited security flaws to insert fake pricing data and fraudulently generate inflated fees, which he then withdrew.