#BlockchainManipulation

How two brothers allegedly swiped $25M in a 12-second Ethereum heist

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May 18, 2024 at 02:36AM The US Department of Justice has charged computer scientists Anton and James Peraire-Bueno with exploiting open-source software in the Ethereum blockchain to steal $25 million. The scheme involved tampering with blockchain protocols in a 12-second heist. The brothers set up shell companies to handle the funds, but their online activities … Read more

Brothers arrested for $25 million theft in Ethereum blockchain attack

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May 15, 2024 at 02:37PM Two brothers, Anton Peraire-Bueno and James Pepaire-Bueno, were indicted by the U.S. Department of Justice for allegedly manipulating the Ethereum blockchain to steal $25 million worth of cryptocurrency in a scheme that took just 12 seconds to execute. If convicted, they face a maximum penalty of 20 years in prison … Read more