<ul><li>Federal prosecutors in Manhattan have charged MIT graduates Anton and James Peraire-Bueno, aged 24 and 28, with stealing $25 million in cryptocurrency by manipulating the Ethereum blockchain in just 12 seconds.</li><li>The brothers allegedly exploited a vulnerability in the MEV-boost program used by Ethereum validators. Arrested in Boston and New York, they face charges of wire fraud and money laundering, with potential sentences exceeding 20 years if convicted.</li><li>This case, termed "novel" by authorities, raises concerns about blockchain security and integrity. The Peraire-Bueno brothers have yet to comment on the allegations.</li></ul>

MIT Graduates Arrested For Stealing $25 Million In Crypto In Just 12 Seconds

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