New York prosecutor charges hacker over $9M exploit of Solana-based exchange

A former security engineer for an international technology firm has been arrested and charged for allegedly using a smart contract bug to steal $9 million in cryptocurrency from a Solana-based decentralized crypto exchange.

On June 11, the United States Attorney for the Southern District of New York Damian Williams announced the “first-ever criminal case” involving an attack on a smart contract operated by a decentralized exchange (DEX).

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