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Insider Testifies MIT Brothers Allegedly Planned $25M Crypto Heist for Months

A former employee told jurors the brothers spent months preparing to exploit Ethereum’s blockchain in a 12-second operation dubbed “Omakase.”

In brief
Travis Chen, a quantitative trader who worked for the brothers’ company, testified about a December 2022 meeting where they outlined the alleged scheme.
Chen agreed to forfeit $2.4 million, his cut from the operation, under a nonprosecution … [2969 chars]

Source: Decrypt | Published: 2025-10-20T07:18:24Z

Credit: Decrypt

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