Mistrial in Crypto Theft Case: Peraire-Bueno Brothers' Legal Battle Continues
Update: 2025-11-08
Description
Federal Judge Declares Mistrial in Cryptocurrency Theft Case: Two Brothers Accused of Stealing $25M in 12 SecondsIn a high-profile case, a federal judge declared a mistrial for two brothers, Anton and James Peraire-Bueno, accused of stealing $25 million in cryptocurrency. The brothers, MIT graduates, were charged with exploiting a vulnerability in the Ethereum blockchain. Prosecutors alleged they manipulated the network to trick trading bots and drain other traders accounts. The defense argued their trading strategy was legitimate. The mistrial leaves the question of their culpability unanswered, highlighting ongoing challenges in regulating digital assets.
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