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An indictment was unsealed recently, charging Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges stem from an alleged scheme by the defendants to exploit the Ethereum blockchain's integrity to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds. The brothers were arrested in Boston and New York respectively and will be presented before U.S. Magistrate Judge Paul G. Levenson for the District of...

MIT grads arrested for $25 million crypto heist in a novel scheme. Feds say it's the first of its kind and vow to crack down on crypto fraud.

Samuel Bankman-Fried, also known as SBF, 32, was sentenced by a US court on Thursday (March 28, 2024) to 25 years in prison, three years of supervised release, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraudulent schemes.

Thomas Rhodenizer was obviously happy with his first-place contributions to the Ramblers’ 97-83 victory against Lakeview Thursday in a Macomb Area Conference crossover meet. He swam on two winning relay teams and won the 100-meter butterfly but it was hard to hide his joy in finishing second to the Huskies’ Tyler Deubel in the 100 breaststroke.

NEW YORK – Two months before Sam Bankman-Fried’s empire collapsed, Bahamian Prime Minister Philip Davis asked the crypto mogul to speak with the p...