Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

U.S. court declares a mistrial in a US$25 m Ethereum‑blockchain heist involving MIT‑educated brothers, spotlighting crypto‑crime legal hurdles.

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1 day ago

Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

Mistrial 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.
Related:
Cryptocurrency declared ‘property’ under Indian law by Madras High Court
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
neutral
1 day ago

Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

Mistrial 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.
Related:
Cryptocurrency declared ‘property’ under Indian law by Madras High Court
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
neutral

Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

1 day ago
1 min read
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Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers

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.
Mistrial 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.
Tags:
crypto
legal
crypto
legal
Ethereum
USA
blockchain theft
Related:
Cryptocurrency declared ‘property’ under Indian law by Madras High Court
Source: Reuters
By Sneha PathakExplore:High Return Equity Mutual Fund
Nov 8, 2025 • 23:03 IST

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