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Market News

Paris Criminal Court Dismissed Charges Against Platypus Hackers

The hacker duo was arrested in Aubervilliers days after they exploited Platypus in February.

Written By:
Gopal Solanky

Last updated: December 2, 2023 9:34 AM
Published December 2, 2023 9:34 AM
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Last updated: December 2, 2023 9:34 AM
Published December 2, 2023 9:34 AM
$656M Lost In Crypto Scams During H1 2023: Beosin Reports

A criminal court in Paris has dismissed charges against two hackers behind the $8.5 million Platypus exploit and acquitted them on December 1.

According to an article by local news outlet Le Monde, Platypus hackers Mohammed M and Benamar M have been released by the Court, citing that “French criminal law doesn’t technically forbid hacks of protocol.”

Hi @zachxbt

The Paris criminal court has just dismissed the charges against the hackers of Platypus. They walked out of court free.

The judge basically said “French criminal law doesn’t technically forbid hacks of protocol”.

Very disappointing.https://t.co/sVV7hoa3LX https://t.co/tYDy0nB1Dg

— Victor Charpiat (🦔,🦔) (@VCharpiat) December 1, 2023

The hacker duo Mohammed M and Benamar M was arrested in Aubervilliers on February 24, days after the hacking incident took place. Both the hackers were tracked down by the Central Office of Combating Crime Linked to Information and Communication Technologies with the help of the crypto exchange Binance. 

8 months after their arrest, Mohammed M claims to the court that he acted in good faith while being an “ethical hacker.” Mohammed said he wanted to recover the endangered funds from Platypus and return the funds later in the hope of being paid a bounty by the company.

Also read: Feds Seized Sinbad After Allegedly Used by North Korean Hackers

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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