{"id":184004,"date":"2024-05-20T11:51:50","date_gmt":"2024-05-20T11:51:50","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/20\/two-brothers-arrested-for-stealing-25m-in-crypto-in-just-12-seconds\/"},"modified":"2024-05-20T11:51:50","modified_gmt":"2024-05-20T11:51:50","slug":"two-brothers-arrested-for-stealing-25m-in-crypto-in-just-12-seconds","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/20\/two-brothers-arrested-for-stealing-25m-in-crypto-in-just-12-seconds\/","title":{"rendered":"Two brothers arrested for stealing $25m in crypto in just 12 seconds \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p id=\"article-123\">Two brothers who studied at one of the most prestigious universities in the US have been charged with stealing $25m (\u00a320m) in cryptocurrency in 12 seconds.<\/p>\n<p>Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are accused of wire fraud and money laundering.<\/p>\n<p>The US Department of Justice said the alleged heist is the first of its kind.<\/p>\n<p>Prosecutors also say the pair, reportedly educated at the Massachusetts Institute of Technology (MIT), carried it out in April 2023.<\/p>\n<p>\u201cThe Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds,\u201d said Deputy Attorney General Lisa Monaco.<\/p>\n<p>She added that agents from the Internal Revenue Service (IRS) played a key role in unravelling the \u201cfirst-of-its kind wire fraud and money laundering scheme\u201d.<\/p>\n<p>Prosecutors allege the two used highly specialised skills that they learned at \u201cone of the most prestigious universities in the world\u201d to exploit Ethereum\u2019s process for validating transactions.<\/p>\n<p>The brothers studied mathematics and computer science, according to the indictments, and both attended MIT, according to news reports.<\/p>\n<p><strong>Source:\u00a0<\/strong>bbc.com<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"176\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/05\/image-1084.png\" alt=\"\" class=\"wp-image-866471\"\/><\/figure>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two brothers who studied at one of the most prestigious universities in the US have been charged with stealing $25m (\u00a320m) in cryptocurrency in 12 seconds. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are accused of wire fraud and money laundering. The US Department of Justice said the alleged heist is the first of its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":184005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-184004","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Two brothers arrested for stealing $25m in crypto in just 12 seconds \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/20\/two-brothers-arrested-for-stealing-25m-in-crypto-in-just-12-seconds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two brothers arrested for stealing $25m in crypto in just 12 seconds \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Two brothers who studied at one of the most prestigious universities in the US have been charged with stealing $25m (\u00a320m) in cryptocurrency in 12 seconds. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are accused of wire fraud and money laundering. 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