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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US

May 16, 2024
in Bitcoin
Reading Time: 1 min read
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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
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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 […]
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