Federal authorities have arrested a pair of brothers for allegedly carrying out an elaborate plot to steal millions of dollars' worth of cryptocurrency in what officials say is a first-of-its-kind case.
The U.S. Department of Justice (DOJ) on Wednesday charged James Pepaire-Bueno, 28, of New York, and his younger brother, Anton Peraire-Bueno, 24, of Boston, with conspiracy to commit wire fraud, wire fraud and conspiracy to commit money laundering, accusing them of exploiting the etherum blockchain to steal $25 million from unsuspecting traders.