Permanent Injunction Marks Critical Victory in Cybersecurity Enforcement A federal judge has issued a permanent injunction prohibiting Israeli cyberintelligence firm…
Federal prosecutors allege two MIT graduates executed a sophisticated $25 million cryptocurrency heist in just 12 seconds. The brothers reportedly searched “money laundering” and other suspicious terms before allegedly manipulating Ethereum trading bots in what their defense calls legitimate trading strategy.
Two Massachusetts Institute of Technology graduates are facing federal charges for allegedly orchestrating what prosecutors describe as a “first-of-its-kind” cryptocurrency scheme that netted approximately $25 million in mere seconds. Brothers Anton and James Peraire-Bueno were indicted on charges of conspiracy, wire fraud, and money laundering in a case that legal analysts suggest could establish crucial precedent for cryptocurrency regulation.
