Two brothers suspected of using MEV robots to steal $25 million cryptocurrency will stand trial in 2025
2024-08-19 19:59:08
Two brothers anton james peraire bueno involved passed exploiteddesk3cryptocurrencydesktopCrypto News
Two brothers, Anton and James Peraire-Bueno, will stand trial on October 14, 2025, in the United States District Court for the Southern District of New York for allegedly stealing $25 million in cryptocurrency by utilizing a Maximum Extractable Value (MEV) bot. They have been charged with conspiracy to commit wire fraud, money laundering and other crimes. According to the Department of Justice, the brothers illegally obtained cryptocurrency in just 12 seconds and hid assets through shelf companies and foreign exchanges. Currently, both have been released on bail of $250,000 and are subject to travel restrictions. If convicted, they could face up to 20 years in prison on each charge.
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