Amazon Senior Security Engineer Indicted in $9m Crypto Heist

Shakeeb Ahmed, a 34-year-old Senior Security Engineer at Amazon from Louisville, Kentucky, was arrested in Manhattan and indicted by the Southern District of New York for a cryptocurrency theft from decentralized exchange Crema Finance in July 2022. According to the indictment, Ahmed created fake tick accounts, used uncollateralized flash loans, and inserted fake pricing data to generate inflated fees he did not earn. Charges include wire fraud and money laundering. After the attack, the article says Ahmed negotiated with the exchange, offered to return most of the funds, and kept about $1.5 million.