Million from MIT Ethereum Blockchain has failed to accuse the court of fraud in connection with the theft of 25 million cryptocurrency from Ethereum Blockchain.
US District Judge Jessica Clark on Wednesday denied the dismissal movement by Anton and James Pirir Bono, which states that the government has properly alleged that his behavior meets the standard of fraud.
The federal government accused the pair in May 2024 of putting a fake scheme into practice, under which they exploited an Ethereum network on the Ethereum network to steal 25 million cryptocurrency from “affected traders”.
“The government’s allegations are justified, which the court should do at this stage. The wire fraud law, despite any novel used by the defendants, was the culprit,” he said.
The brothers performed their first type of exploitation, and allegedly laid it in just 12 seconds, using their computer science skills to trade their computer science skills (MEV) boats and interfere with the verification process.
MEV BOT diamond
MEV (maximum extraction price) is designed for Bots Front Run transactions to take advantage of priority transactions.
According to the individual offense, MEV boats scan the Memmol for “profitable mediation opportunities” by exploiting the price difference in prices or predictions, which they can see in the Mampul.
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It also describes how the brothers developed a four -step plan, “Bait, Block, Search, Search, and Preaching”, and set up 16 Ethereum legitimate cars using 529.5 ETH to perform the scheme using “greedy transactions” to attract boats.
Response by brothers
The brothers argued that the wire fraud law did not provide proper notice that their behavior was convicted because their actions were “allowed by the system of conduct.”
He also claimed that when his victims’ trade boats were allegedly engaged in trade in manipulation, they were unfairly targeted.
Prosecutors alleged a conspiracy to obtain the stolen property when the brothers cited the Justice Memo Department about avoiding regulatory overs on digital assets.
The phase before the trial continues
In the August 2024 hearing, Judge Clark ordered that Anton Perir Bono and James Perir Bono be tried in October 2025.
The case still stands that the motion to be removed has been rejected, though the decision has not confirmed the date and the matter is still in the process of motion before the trial.
The couple faces allegations of wire fraud, wire fraud and conspiracy to make money laundering. Federal wire fraud and money laundering charges are usually a major prison sentence and fines.
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