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TechFlow reports that brothers Anton Peraire-Bueno and James Peraire-Bueno have been charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.
According to the charges, they exploited a vulnerability in the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency in about 12 seconds.
The two were arrested and will face trial before judges in Boston, Massachusetts, and New York.
Brothers Anton Peraire-Bueno and James Peraire-Bueno are charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges allege that they exploited a vulnerability in the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency in about 12 seconds. Both were arrested and will face trial before judges in Boston, Massachusetts, and New York.
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