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DOJ busts two brothers for complex $25M Ethereum exploit
Two brothers have been charged with wire fraud for manipulating transactions for their own benefit on the Ethereum blockchain. Why it matters: It shows the U.S. Department of Justice has learned how to make sense of extremely complex blockchain attacks and track down their perpetrators. Flashback: A little over a year ago, traders on Ethereum using bots to make arbitrage trades were tricked into giving up $25 million in crypto assets to a very sophisticated exploit of how the original smart-contract blockchain operates today.