Former security engineer arrested in NY after allegedly defrauding a DeFi exchange, stealing $9 million
with wire fraud and money laundering after the U.S. Attorney’s Office for the Southern District of New York said he defrauded an unnamed decentralized crypto exchange, stealing about $9 million in crypto.
But none of those actions covered the defendant’s tracks or fooled law enforcement, and they certainly didn’t stop my Office or our law enforcement partners from following the money.” enerate approximately $9 million dollars’ worth of inflated fees that Ahmed did not legitimately earn,” law enforcement said.
“Ahmed also conducted internet searches or visited websites related to his ability to flee the United States, avoid extradition, and keep his stolen cryptocurrency: he searched for the terms 'can I cross border with crypto,' 'how to stop federal government from seizing assets,' and 'buying citizenship'; and he visited a website titled '16 Countries Where Your Investments Can Buy Citizenship,'" according to the attorney’s office.The U.S.
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