DOJ accuses two MIT grads of Ethereum heist that netted $25 million

Two MIT graduates, Anton and James Peraire-Bueno, were arrested for allegedly stealing $25 million in cryptocurrency through a sophisticated manipulation of the Ethereum blockchain. Utilizing their expertise in math and computer science, they executed a meticulously planned attack, exploiting Ethereum's vulnerabilities to divert funds. The brothers face charges of wire fraud and money laundering, with potential penalties of up to 20 years in prison per count.