Security Engineer Pleads Guilty To $12 Million Crypto Exchange Hack

An unidentified decentralized crypto exchange and Nirvana Financial, a decentralized financial yield protocol, were both compromised in a hacking incident, which a software engineer admitted to. A maximum five-year prison term awaits him for wire fraud and money laundering charges. According to the US Attorney’s Office, this was the first smart contract hacking case to […] source: https://bitcoinist.com/crypto-security-engineer-guilty-of-12m-hack/