This is about the integrity of the Ethereum blockchain. OP, your title is incorrect.
manipulated and tampered with the process and protocols by which transactions are validated and added to the Ethereum blockchain. In doing so, they fraudulently gained access to pending private transactions and used that access to alter certain transactions and obtain their victims’ cryptocurrency. Once the defendants stole their victims’ cryptocurrency, they rejected requests to return the stolen cryptocurrency and took numerous steps to hide their ill-gotten gains.
They are charged with wire-fraud and conspiracy to commit wire-fraud and money-laundering.
These are interesting charges given the status of crypto.
Probably were cutting in on somebody with bigger guns grifting... Otherwise, who'd care? 🤔 Reminds me of GME shorting...they don't like it when you cut in on their action.
Please correct the mistakes and repost, fren. Thanks!
Your "link" is broken and the coin in question was eth.
https://www.justice.gov/opa/pr/two-brothers-arrested-attacking-ethereum-blockchain-and-stealing-25m-cryptocurrency
Thank you fixing it...
https://www.justice.gov/usao-sdny/pr/two-brothers-arrested-attacking-ethereum-blockchain-and-stealing-25-million
This is about the integrity of the Ethereum blockchain. OP, your title is incorrect.
They are charged with wire-fraud and conspiracy to commit wire-fraud and money-laundering.
These are interesting charges given the status of crypto.
On the positive side: https://decrypt.co/230962/bitcoin-self-custody-right-law-mining-oklahoma
How did they get caught?
it doesn't explicitly say, but the article mentions the irs was critical. so probably got caught cashing out/ money laundering
not as smart as they thought they were!
Probably were cutting in on somebody with bigger guns grifting... Otherwise, who'd care? 🤔 Reminds me of GME shorting...they don't like it when you cut in on their action.