Published 16 days ago

US charges two brothers with novel $25 million cryptocurrency heist

Two brothers from the Massachusetts Institute of Technology were arrested for stealing $25 million in cryptocurrency by exploiting the Ethereum blockchain's integrity.
Federal prosecutors labeled the scheme as "novel" and the first of its kind to result in U.S. Criminal charges.
The brothers executed the theft in April 2023 within 12 seconds, manipulating transaction protocols on the Ethereum blockchain to steal the funds.

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BBC News

US brothers allegedly stole $25m in 12 seconds

Officials say the crypto heist, supposedly pulled off by two MIT-educated men, is first of its kind.

17 days ago·United Kingdom

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Reuters

US charges two brothers with novel $25 million cryptocurrency heist

Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on U.S. charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain's integrity and steal $25 million worth of cryptocurrency.

17 days ago·United Kingdom

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NDTV

MIT Graduates Arrested For Stealing $25 Million In Crypto In Just 12 Seconds

Anton and James Peraire-Bueno, aged 24 and 28 respectively, allegedly manipulated the Ethereum blockchain in a mere 12 seconds

16 days ago·New Delhi, India

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CNN

Two former MIT students charged with stealing $25 million of crypto in 12 seconds

Two brothers who studied at the Massachusetts Institute of Technology were arrested on Wednesday on U.S. charges that they carried out a cutting-edge scheme to exploit the Ethereum blockchain’s integrity and steal $25 million worth of cryptocurrency.

16 days ago·Atlanta, United States

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The Washington Post

Two brothers arrested for allegedly stealing $25M of crypto in 12 seconds

Prosecutors said Anton and James Peraire-Bueno, who both studied at the Massachusetts Institute of Technology, manipulated the ethereum blockchain to steal $25M.

16 days ago

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New York Post

MIT-educated brothers allegedly stole $25M in crypto in just 12 seconds

MIT-educated brothers were arrested on charges that they carried out a scheme to exploit the Ethereum blockchain's integrity and steal $25M in cryptocurrency.

17 days ago·New York, United States

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