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Ethereum $25 million Theft: Two Brothers arrested
by
TravelMug
on 22/05/2024, 09:08:06 UTC
⭐ Merited by Yaunfitda (1)
In not so latest news,



https://www.justice.gov/opa/pr/two-brothers-arrested-attacking-ethereum-blockchain-and-stealing-25m-cryptocurrency

So two brothers get arrested with a huge $25 million that they've stole from Ethereum as the two manipulated the Ethereum blockchain. It is reported that the heist took only "12 seconds" and it's the first of it's kind.

However, the US government are diligent to track down the culprit, namely, Anton Peraire-Bueno and James Pepaire-Bueno were arrested in Boston and New York.

I mean they studied one of the most prestigious schools in the US with mathematics and computer science degree. Only that they have used it to steal money. And if they are indicted, they are going to face maximum penalty of 20 years in prison for each count.