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Crema Finance

Shocking! Ethical hacker goes rogue, steals cryptocurrency worth $9 mn

In a shocking incident, the US government arrested an individual and accused him of hacking into a crypto exchange and stealing cryptocurrency worth $9 million. The fraud seemingly started as an ethical hack of sorts by the engineer and then he went rogue. As per the indictment, the accused, Shakeeb Ahmed, used his expertise in the field to defraud the exchange and its users and stole the massive sum. While the report mentions Ahmed is a senior security engineer for an international technology company, it does not…