Bros who tricked MEV bots with their own medicine must face trial, says judge

Two MIT students to stand trial for $25M Ethereum MEV exploit scheme

Tech-Savvy Siblings Outwitted Ethereum’s Automated Traders—Court Refuses to Let Them Off the Hook

The post Tech-Savvy Siblings Outwitted Ethereum’s Automated Traders—Court Refuses to Let Them Off the Hook appeared on BitcoinEthereumNews.com. Judge denies bid to throw out $25M MEV bot fraud charges; trial will take place in October Court: New blockchain exploits may still be a violation of wire fraud statute The result may be used as precedent in trying to prosecute other DeFi crimes Two brothers, Anton and James Peraire-Bueno, will be tried …

MIT Bros Must Face Trial Over $25M Ethereum Bot Exploit

Anton and James Peraire-Bueno, both graduates of MIT, will have to defend themselves in court after a judge declined to dismiss charges tied to a major crypto theft on Ethereum ETH.

MEV bot exploit from MIT-educated brothers leads to $25m crypto fraud trial

A judge denies two brothers’ plea to dismiss crypto fraud charges after allegedly stealing $25 million from the Ethereum blockchain using an MEV bot. Why was their bid dismissed? According to a U.S. court document, District Judge Jessica Clarke has…

Bros who tricked MEV bots with their own medicine must face trial, says judge - WorldNL Magazine

A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud. Two MIT-educated brothers have failed to get fraud charges dismissed in court in connection with a $25 million cryptocurrency theft from the Ethereum blockchain.US District Judge Jessica Clarke denied a motion to dismiss by Anton and James Peraire-Bueno on Wednesday, stating the government adequ…

Bros who tricked MEV bots with their own medicine must face trial, says judge

A judge has denied MIT brothers’ bid to dismiss $25 million crypto fraud charges, ruling their novel crypto exploit methods still constitute wire fraud.