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Home Blockchain

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

by DigestWire member
May 16, 2024
in Blockchain, Crypto Market, Cryptocurrency
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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
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$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in USThe 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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