If found guilty, the brother and sister from the Massachusetts Institute of Technology (MIT) could face more than 20 years in prison.
The two siblings, who once attended the Massachusetts Institute of Technology (MIT), now face charges for exploiting a vulnerability in the Ethereum blockchain. The Peraire-Bueno siblings allegedly swindled $25 million in 12 seconds in what prosecutors called an unprecedented scam.
Brother and sister face more than 20 years in prison
Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, are facing federal fraud and money laundering charges in Manhattan.
Prosecutors said the charges were based on an elaborate cyber-theft campaign they planned and carried out over several months from their own computers.