Mistrial declared for MIT-educated brothers accused of $25 million cryptocurrency heist

A federal judge on Friday declared a mistrial in the case of two Massachusetts Institute of Technology-educated brothers ...
Cryptopolitan on MSN

Judge declares mistrial in case of MIT brothers accused of $25M crypto heist

Defense attorneys argued that the MIT brothers’ trading strategy was innovative, legal, and competitive in the cryptocurrency ...
Entrepreneur

Did These MIT-Educated Brothers Steal $25 Million or Did They Simply Outsmart Crypto Trading Bots? A ‘First-of-It’s-Kind’ Case Starts This Week.

A “first-of-its-kind” alleged crypto heist is going to trial this week. In May 2024, the Justice Department accused two brothers, Anton Peraire-Bueno, 25, and James Pepaire-Bueno, 29, of stealing $25 ...

Judge Declares Mistrial in MIT Grad Brothers Fraud Case

A judge in New York on Friday declared a mistrial in the fraud case against two brothers, both recently graduated from the Massachusetts Institute of Technology, who were accused of stealing roughly ...
Fox News

MIT rejects Trump admin funding compact, citing free expression concerns

The Massachusetts Institute of Technology (MIT) became the first university to reject the Trump administration's "Compact for Academic Excellence in Higher Education," which would have given it ...
CoinTelegraph

Tempo, Stripe’s new blockchain, hits $5B valuation in $500M funding round

Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia ...
NDTV

Crime Or Clever Trading? MIT-Educated Brothers Face Trial For $25 Million Crypto Heist

Two MIT-educated brothers, Anton and James Peraire-Bueno, have gone on trial in Manhattan federal court over allegations of stealing $25 million in a cryptocurrency heist. Prosecutors claim the ...
Business Insider

Brains on trial: MIT-educated brothers in $25 million crypto case face a highly educated jury

Every time Laura publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...
Engadget

PayPal's blockchain partner accidentally minted $300 trillion in stablecoins

In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today. PayPal's stablecoin, which it debuted in 2023, is supposed to be redeemable at a ...
CoinDesk

Blockchain Will Drive the Agent-to-Agent AI Marketplace Boom

AI agents, software systems that use AI to pursue goals and complete tasks on behalf of users, are proliferating. Think of them as digital assistants that can make decisions and take actions towards ...
CoinTelegraph

Bolivia’s new president backs blockchain to tackle government corruption

Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology. The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5 ...
CoinDesk

Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources

Blockchain.com, a cryptocurrency exchange and wallet provider, has recently held talks about going public in the U.S. via a special purpose acquisition company (SPAC) listing, according to two people ...