Two brothers, Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York committed a heist on the ethereum blockchain that was planned for months but executed in seconds.

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Two brothers, Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York committed a heist on the ethereum blockchain that was planned for months but executed in seconds.

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As alleged in today’s indictment, the Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds.
Though they allegedly planned the attack for months, the actual heist took just 12 seconds, the DOJ claimed.
Authorities added that the two brothers had experience trading cryptocurrencies and allegedly set up shell companies and used multiple private crypto addresses and foreign cryptocurrency exchanges to cover their tracks.

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Two brothers arrested and charged by U.S. Authorities for attacking Ethereum blockchain and stealing $25M

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