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MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

Gone in 12 seconds — Brothers charged in novel crypto scheme potentially face decades in prison. Within approximately 12 seconds, two highly educated brothers allegedly stole $25 million by tampering with the ethereum blockchain in a never-before-seen cryptocurrency scheme, according to an indictment that the US Department of Justice unsealed Wednesday. In a DOJ press release, US Attorney Damian Williams said the scheme was so sophisticated that it "calls the very integrity of the blockchain ...

Read more at arstechnica.com

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