A software engineer pleaded guilty to one count of computer fraud in connection with the hacking Nirvana Finance and an unnamed decentralized cryptocurrency exchange in the Southern District Court of New York on Dec. 14. The United States Attorney’s Office said the case was the first-ever conviction for hacking a smart contract.

Shakeeb Ahmed, described as a “senior security engineer for an international technology company,” was arrested in July in connection with the hack of the unnamed exchange on or about July 2 and 3, 2022. According to the U.S. Attorney’s Office statement:

“AHMED carried out an attack on the Crypto Exchange by exploiting a vulnerability in one of the Crypto… Read more on Cointelegraph