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2h agoMistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

A U.S. federal judge declared a mistrial in the case of two MIT‑educated brothers accused of stealing US$25 million worth of cryptocurrency in 12 seconds by exploiting the Ethereum blockchain.
The defendants, charged in 2024 with using a chain‑reaction exploit to drain wallets, faced internal disputes in prosecution and defence.
The ruling raises questions about the viability of blockchain‑theft prosecutions and underscores evolving challenges in digital‑asset law enforcement.
Reuters• By Sneha Pathak
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neutral
2h agoMistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

A U.S. federal judge declared a mistrial in the case of two MIT‑educated brothers accused of stealing US$25 million worth of cryptocurrency in 12 seconds by exploiting the Ethereum blockchain.
The defendants, charged in 2024 with using a chain‑reaction exploit to drain wallets, faced internal disputes in prosecution and defence.
The ruling raises questions about the viability of blockchain‑theft prosecutions and underscores evolving challenges in digital‑asset law enforcement.
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
about 2 hours ago
1 min read
66 words

U.S. court declares a mistrial in a US$25 m Ethereum‑blockchain heist involving MIT‑educated brothers, spotlighting crypto‑crime legal hurdles.
A U.S. federal judge declared a mistrial in the case of two MIT‑educated brothers accused of stealing US$25 million worth of cryptocurrency in 12 seconds by exploiting the Ethereum blockchain.
The defendants, charged in 2024 with using a chain‑reaction exploit to drain wallets, faced internal disputes in prosecution and defence.
The ruling raises questions about the viability of blockchain‑theft prosecutions and underscores evolving challenges in digital‑asset law enforcement.

A U.S. federal judge declared a mistrial in the case of two MIT‑educated brothers accused of stealing US$25 million worth of cryptocurrency in 12 seconds by exploiting the Ethereum blockchain.
The defendants, charged in 2024 with using a chain‑reaction exploit to drain wallets, faced internal disputes in prosecution and defence.
The ruling raises questions about the viability of blockchain‑theft prosecutions and underscores evolving challenges in digital‑asset law enforcement.
Tags:
crypto
legal
crypto
legal
Ethereum
USA
blockchain theft
Nov 8, 2025 • 23:03 IST