Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
U.S. prosecutors are seeking to reopen the case next year involving the $25 million theft of a recent MIT graduate.

U.S. prosecutors are seeking to reopen the case next year involving the $25 million theft of a recent MIT graduate.

CointimeCointime2025/11/11 17:18
By:Cointime

U.S. federal prosecutors are seeking to retry two brothers who are accused of stealing approximately $25 million in cryptocurrency from traders on the Ethereum blockchain. According to court documents filed on Monday, U.S. government lawyers are requesting District Court Judge Jessica Clarke to schedule a new fraud trial as soon as possible, with the earliest possible time in February, involving the two defendants James and Anton Peraire-Bueno, both recent graduates of the Massachusetts Institute of Technology (MIT).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Major Whale Places $87 Million 3x Leveraged Bet Opposing BTC Surge Amid Divided Market

- A Hyperliquid whale opened a $87.58M 3x BTC short, contrasting with bullish market trends and other traders' strategies. - Another 20x $131M short faces liquidation risk if BTC surpasses $111,770, while $343.89M in 24-hour liquidations highlight short-position vulnerability. - Technical indicators (RSI 66, 15/1 buy/sell signals) and institutional BTC purchases support upward momentum despite liquidity risks on Hyperliquid. - Diverging whale strategies and macro factors like Fed policy underscore crypto's

Bitget-RWA2025/11/24 06:14
Bitcoin News Update: Major Whale Places $87 Million 3x Leveraged Bet Opposing BTC Surge Amid Divided Market

Ethereum News Update: Major Institutions View Ethereum as a Key Asset, Outpacing ETF Investments

- 68 publicly traded firms now hold 12.7 million ETH, surpassing all Ethereum spot ETFs' 11.3 million holdings as of July 2024. - Firms like Coinbase and Gemini lead corporate accumulation, while banks like Fidelity expand crypto custody services for institutional clients. - Analysts cite regulatory clarity and improved risk frameworks as drivers, with 72% of institutional investors boosting crypto allocations in 2024. - Critics warn of market manipulation risks as corporate holdings now control 54% of ins

Bitget-RWA2025/11/24 06:14

Breet's Enhancement Addresses Africa's Cryptocurrency Instability and Delayed Transactions

- Breet 3.0 Pro Max upgrades Africa's OTC crypto platform with USD wallets, instant transfers, and flat fees to combat volatility and slow settlements. - Key features include stable dollar holdings, peer-to-peer transfers bypassing banks , and automated issue resolution to reduce transaction friction. - Business tools now offer multi-currency templates, VIP tiers for high-volume traders, and security dashboards tracking account activity. - The update addresses Africa's crypto challenges by stabilizing purc

Bitget-RWA2025/11/24 06:14
Breet's Enhancement Addresses Africa's Cryptocurrency Instability and Delayed Transactions

DeFi's Automation Shortfall Addressed: Orbs Introduces dSLTP to Achieve CeFi-Grade Risk Control

- Orbs launches dSLTP, a decentralized stop-loss/take-profit protocol for DEXs, bridging CeFi automation with DeFi. - The protocol automates risk management via on-chain orders, reducing real-time monitoring needs during volatility. - Built on Orbs' Layer-3 infrastructure, it enhances DEX functionality with CeFi-grade tools while maintaining decentralization. - This innovation addresses DeFi's automation gap, potentially driving DEX adoption and institutional-grade on-chain trading.

Bitget-RWA2025/11/24 05:54
DeFi's Automation Shortfall Addressed: Orbs Introduces dSLTP to Achieve CeFi-Grade Risk Control