Nirvana Finance hacker pleads guilty, forfeits $12.3M

The Nirvana Finance hacker pleaded guilty in New York on Thursday.

Shakeeb Ahmed was connected to two hacks — Nirvana and another decentralized exchange. In 2022, DeFi protocol Nirvana was hacked for roughly $3.5 million in a flash loan exploit.

The crypto exchange attacked by Ahmed was left unnamed in the press release announcing his guilty plea. However, when the US Department of Justice first announced the charges against Ahmed, Blockworks reported that the references matched an attack made on Crema Finance in July 2022.

As part of today’s plea, Ahmed forfeited $12.3 million. Nearly $6 million of the sum in crypto. 

The plea marks the first time that the DOJ convicted someone…

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