| For
Stealing Files From Ubiquiti
Nickolas Sharp Gets SDNY Plea Deal For 121
Months
By Matthew
Russell Lee, Patreon Jan
27 vlog
SDNY COURTHOUSE,
Feb 2 - Nickolas Sharp was
charged with a scheme to
secretly steal gigabytes
of confidential files from a
public New York-based
technology company where he
was employed, as the
prosecutors put it.
It's Ubiquiti.
On February
2, 2023 he came to plead
guilty before U.S. District
Court for the Southern
District of New York Judge
Katherine Polk Failla. Inner
City Press went and covered
it.
Sharp was allowed
to plead guilty to counts 1, 3
and 4. Count 2,
Transmission of interstate
communications with intend to
extort, went away.
The prosecutors
said that "while purportedly
working to remediate the
security breach for Company-1,
SHARP extorted the company for
nearly $2 million for the
return of the files and the
identification of a remaining
purported vulnerability.
Sharp subsequently
re-victimized his employer by
causing the publication of
misleading news articles about
the company’s handling of the
breach that he perpetrated,
which were followed by the
loss of over $4 billion in
Company-1’s market
capitalization."
His plea deal has
a stipulated guidelines range
of 97 to 121 months.
Judge
Failla accepted his plea and
set May 10 at 3 pm for his
sentencing.
The case is US v.
Sharp, 21-cr-714 (Failla)
***
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