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MIT BROTHERS TO STAND TRIAL OVER $25M ETHEREUM FRAUD SCHEME Two MIT-educated brothers, Anton and James Peraire-Bueno, are set to face trial in October 2025 for allegedly executing a sophisticated $25 million fraud on the Ethereum blockchain. A U.S. District Judge recently denied their motion to dismiss the case, stating the government had adequately demonstrated that the pair’s actions met the legal definition of fraud—even though the methods involved were novel. According to the indictment, the brothers exploited a vulnerability by manipulating MEV (Maximal Extractable Value) bots, which are typically used to front-run transactions for profit. Using a four-step strategy—bait, block, search, and propagation—they reportedly used 529.5 ETH to spin up 16 Ethereum validators and lure MEV bots into a trap that allowed them to extract the funds within just 12 seconds. The defendants argued that their conduct followed the Ethereum protocol and that the wire fraud statute did not clearly criminalize such activity. They also claimed victim bots were engaged in manipulative behavior themselves. Despite these defenses, the court is proceeding with wire fraud and money laundering charges, though one charge related to conspiracy to receive stolen property was dropped, citing concerns of regulatory overreach highlighted in a DOJ memo. This landmark case underscores the increasing complexity of blockchain-based financial crimes and the evolving legal framework attempting to address them. #CryptoCrime #Ethereum #BlockchainLaw #MIT #DigitalAssets

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$PENGU VS BONK: WHICH SOLANA MEME COIN DESERVES YOUR ATTENTION IN 2025? Solana’s meme coin frenzy continues to capture the spotlight, with $PENGU and $BONK leading the charge. Both tokens are pulling in heavy volume, but the momentum is clearly shifting. While BONK trades at $0.00003361, PENGU has climbed to $0.04261 with a 3.62% gain and $2.54B in 24H volume—narrowing the market cap gap with BONK ($2.67B vs. $2.72B). Despite BONK’s stronger brand recognition, PENGU is attracting fresh liquidity and social buzz, driven by consistent community support and expanded DEX listings. As traders debate which will lead Solana’s meme race, another token is quietly disrupting the narrative—with real-world use. Enter Remittix (RTX): A Utility-Powered Contender While meme tokens chase virality, Remittix is building infrastructure. With over $16.7M raised in its presale, RTX is priced at just $0.0842 and offers practical features like: • Crypto-to-bank transfers in 30+ countries • CertiK-audited smart contracts • A Q3 beta wallet launch • 50% bonus tokens + $250K giveaway • Real utility for freelancers and businesses Over 560 million tokens are already sold, and with its $18M soft cap approaching fast, Remittix is positioning itself as one of the top real-world crypto plays of 2025. From Hype to Utility: The Shift Is Real PENGU and BONK offer explosive short-term potential—but Remittix stands out with a use case in PayFi and global remittances. As the crypto market matures, projects with tangible value are likely to outperform. Explore Remittix before the presale ends. The future isn’t just about memes—it’s about meaningful adoption. #PENGU #BONK #RTX #Solana #CryptoPresale

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KeyCorp Bank Signals Openness to Crypto Services Amid Growing Demand KeyCorp Bank, managing over $185 billion in assets, is embracing the evolving financial landscape with a pro-crypto stance. According to PANews, the bank’s CEO revealed that they are open to offering cryptocurrency-related services, citing growing customer interest. The CEO emphasized that KeyCorp is prepared to support digital asset storage solutions, including enabling crypto holdings in secure digital wallets. This move reflects a broader trend of traditional financial institutions adapting to the rising demand for crypto as a store of value. #KeyCorp #CryptoBanking #DigitalAssets #CryptoAdoption #BlockchainFinance

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$BNB SLIPS BELOW $760 – DAILY DROP NEARS 5% As of July 24, 2025, 05:50 AM (UTC), Binance market data shows BNB has declined to $759.87, marking a 4.80% dip over the past 24 hours. This drop pushes BNB below the key $760 psychological level, signaling waning momentum after recent highs. Traders should monitor closely as the price tests support in the $740–$750 range. #BNB #CryptoUpdate #Binance #Altcoins #MarketWatch

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$SUI – HEALTHY PULLBACK OR RALLY PAUSE? AFTER STRONG RALLY FROM $2.50 TO $4.00 SUI NOW TESTING CRUCIAL SUPPORT NEAR $3.70 $SUI surged over 60% before facing a natural correction, now stabilizing around key support at $3.70. This pullback appears healthy within a larger bullish trend. If buyers defend this level, a move back toward $4.10 and beyond is likely. However, a break below $3.60 could trigger deeper downside pressure. Trade Setup Entry: $3.65 – $3.75 Stop Loss: $3.55 Targets: • TP1: $4.10 • TP2: $4.30 • TP3: $4.60 A key retest in progress—watch price reaction at support before confirming the next leg. #SUI #CryptoTrades #BinanceFutures #Altcoins #PullbackTrading

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