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Crypto heist: MIT brothers arrested for stealing US$25 million in 12 seconds

Two brothers who studied at MIT were charged with exploiting a weakness in the Ethereum blockchain and stealing US$25 million in 12 seconds, in what prosecutors called a first-of-its-kind caper. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, were charged by federal prosecutors in Manhattan with fraud and money laundering offences. They are accused of carrying […]

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