Two brothers, Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York were arrested and charged on Wednesday, May 15 2024 for exploiting the Ethereum blockchain and stealing $25 million in cryptocurrency.

Claim

Name

Types

Claim

Quotes that support the claim

An indictment was unsealed today charging Anton Peraire-Bueno, 24, of Boston, and James Peraire-Bueno, 28, of New York, with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.

The United States Department of Justice announced Wednesday that it has arrested Anton and James Pepaire-Bueno and charged them with actions the government said allowed them to swipe $25 million worth of cryptocurrency via the Ethereum blockchain in just 12 seconds.

Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York allegedly used a maximal extractable value (MEV) exploit to steal the funds from users, and are being charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.

Related entities

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