Shakeeb Ahmed, 34, pleads guilty to hacking two decentralized crypto exchanges, including Nirvana Finance on Solana. This first-ever conviction of its kind involves him forfeiting over $12 million in stolen funds. Ahmed exploited smart contract vulnerabilities, using tactics like cryptocurrency mixing and overseas transfers to conceal his activities. Sentencing is scheduled for March 13, with a potential five-year prison term for computer fraud.
