2 US brothers charged with stealing $25m in cryptocurrency in 12 seconds via Ethereum blockchain exploit.

The US Justice Department has charged two brothers, Anton Peraire-Bueno and James Pepaire-Bueno, for stealing $25 million in cryptocurrency within approximately 12 seconds. The brothers, who studied computer science and math at MIT, are accused of exploiting a weakness in the Ethereum blockchain and stealing the money in a first-of-its-kind caper. They are charged with fraud and money laundering offenses.

May 15, 2024
27 Articles