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

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May 15, 4:35 pm

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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.

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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