May 28, 2024

Rise To Thrive

Investing guide, latest news & videos!

$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US

1 min read
M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in USThe U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ […]