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Mistrial declared in $25 m crypto‑heist case involving MIT‑educated brothers
U.
A U.S. federal judge declared a mistrial in the case of two MIT‑educated brothers accused of stealing US$25 million worth of cryptocurrency in 12 seconds by exploiting the Ethereum blockchain.
The defendants, charged in 2024 with using a chain‑reaction exploit to drain wallets, faced internal disputes in prosecution and defence.
The ruling raises questions about the viability of blockchain‑theft prosecutions and underscores evolving challenges in digital‑asset law enforcement.