🚨The federal court of New York declared the annulment of the trial against brothers Anton and James Peraire-Bueno due to the jury's inability to reach a consensus on guilt or innocence. Both are accused of being linked to an MEV attack on the Ethereum blockchain in 2023, which reportedly made approximately 25 million dollars in about 12 seconds. The prosecution claims that their actions constitute a "bait and switch," involving fraud and money laundering; while the defense argues that this type of transaction is more akin to a "front-running" game on the blockchain. The case, which lasted three weeks, was ultimately dropped due to disagreements among the jury.
