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News Explorer — Feds Arrest Crypto Bros for Stealing $25 Million In 12 Seconds

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May 15, 4:35 pm
Decrypt

Feds Arrest Crypto Bros for Stealing $25 Million In 12 Seconds

Anton and James Pepaire-Bueno have been arrested by the United States Department of Justice for allegedly using a maximal extractable value (MEV) exploit to steal $25 million worth of cryptocurrency in just 12 seconds. The brothers are facing charges of wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering.

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