A former employee of two MIT-educated crypto entrepreneurs testified Friday in Manhattan federal court that the brothers meticulously planned for months to exploit a software glitch in the Ethereum blockchain to siphon off $25 million from other traders in what prosecutors call a first-of-its-kind crypto “bait and switch” scheme. Travis Chen, a Stanford-educated quantitative trader
A former employee of two MIT-educated crypto entrepreneurs testified Friday in Manhattan federal court that the brothers meticulously planned for months to exploit a software glitch in the Ethereum blockchain to siphon off $25 million from other trad… [1503 chars]
Source: USA Herald | Published: 2025-10-18T14:50:16Z
Credit: USA Herald
