Representation of Bitcoin is seen with binary code displayed on a laptop screen
Representation of Bitcoin is seen with binary code displayed on a laptop screen
  • An ex-Amazon engineer pleaded guilty this week to hacking two cryptocurrency exchanges.
  • The conviction is the first ever secured in a case involving the hacking of a smart contract.
  • He'll face up to five years in prison and will be made to pay back $12.3 million in stolen funds.

A former Amazon engineer this week pleaded guilty to hacking two cryptocurrency exchanges in a landmark case that resulted in the first ever conviction involving the hacking of a smart contract.