Key Takeaways

A “first-of-its-kind” alleged crypto heist is going to trial this week.

In May 2024, the Justice Department accused two brothers, Anton Peraire-Bueno, 25, and James Pepaire-Bueno, 29, of stealing $25 million in cryptocurrency.

Prosecutors allege the duo “plotted for months and executed in seconds.”

In May 2024, the Justice Department charged two brothers with “conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering” for a “novel scheme” that allegedly exploited the Ethereum blockchain .

Anton Peraire-Bueno, 25, and James Pepaire-Bueno, 29, allegedly obtained $25 million worth of cryptocurrency in just 12 seconds, according to the unsealed indictment. The agency said it is a “first-of-its-kind wire fraud and money laundering scheme” that

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