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MIT Brothers Face Trial in $25 Million Ethereum Exploit

It’s “a gray area” whether code alone can constitute fraud in the unregulated crypto industry, experts told Decrypt.

Two MIT-educated brothers went on trial Tuesday in Manhattan federal court for allegedly stealing $25 million in crypto in just 12 seconds. However, their defense claims it wasn’t illegal for them to have outmaneuvered “predatory” trading bots.
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Source: Decrypt | Published: 2025-10-15T14:32:43Z

Credit: Decrypt

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