#CryptoScamSurge A U.S. federal judge, Jessica Clarke, has rejected a request from MIT graduates Anton and James Peraire-Bueno to dismiss a $25 million cryptocurrency fraud case against them. The brothers are accused of taking advantage of a vulnerability in the Ethereum network in May 2024. Prosecutors say they deployed 16 validator nodes and over 529 ETH to carry out a complex four-step arbitrage strategy, aiming to intercept profits from MEV bots—all within a span of just 12 seconds.
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