$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
Submitted by Anonymous (not verified) on Fri, 05/17/2024 - 01:30
The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ […]