Mistrial Declared in $25 Million MEV Fraud Case Against Ethereum ‘Brothers’

A landmark case involving alleged manipulation of Ethereum trades has ended in a mistrial, with brothers Anton and James Peraire-Bueno facing accusations of exploiting high-speed market execution strategies for personal gain. This unprecedented prosecution marks the first time blockchain fraud related to MEV (Maximal Extractable Value) is being pursued under federal law. 25 million dollars was allegedly siphoned from unsuspecting investors through sophisticated trading schemes designed to deceive markets.