As technical education goes, few American institutions can match the prestige and influence of MIT. Of course, not every graduate is destined for greatness, as two MIT alums made clear earlier this year when they got busted for allegedly pulling a lightning-fast crypto heist, making off with an estimated $25 million.

The duo — two brothers named Anton and James Peraire-Bueno — were recently indicted in a federal court on charges of conspiracy, wire fraud, and money laundering in what prosecutors call a “first-of-its-kind” financial crime, according to Business Insider.

In the opening phase of the trial which kicked off this week, prosecutors described the heist as a “enormous bait-and-switch” using automatic trading bots to snare other bots into a fraudulent transaction. In essence, the

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