DOJ charges 2 brothers tied to $25M attack on MEV bots last year

Two brothers accused of orchestrating an attack last year on Ethereum trading bots have been indicted by the US government. 

The Department of Justice unsealed charges against Anton Peraire-Bueno and James Peraire-Bueno on Wednesday.

The pair are charged with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering after the brothers allegedly tried to “exploit the very integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds.”

Both were arrested on Tuesday and will face judges in Massachusetts and New York. 

The April 2023 exploit targeted bots that seek profit by…

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