An indictment was unsealed recently, charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges stem from an alleged scheme by the defendants to exploit the Ethereum blockchain's integrity to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds. The brothers were arrested in Boston and New York respectively and will be presented before U.S. Magistrate Judge Paul G. Levenson for the District of...

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