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Federal Court Declares Mistrial in $25 Million Ethereum MEV-Boost Fraud Case Against Two Brothers
A Manhattan federal court declared a mistrial in the case against Anton and James Peraire-Bueno, two brothers accused of exploiting MEV-Boost software to extract $25 million from Ethereum in 12 seconds. The jury deadlocked after struggling to apply existing wire fraud and money laundering statutes to blockchain activity. Deliberations reportedly caused emotional distress among jurors, with some brought to tears.
Acum 11 h
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European Commission to Propose Unified Regulator for Crypto and Stock Exchanges in December
The European Commission will present a proposal in December to establish a single regulatory authority overseeing cryptocurrency exchanges, stock markets, and clearing houses, similar to the U.S. Securities and Exchange Commission. The initiative aims to reduce fragmentation across national supervisors and streamline cross-border operations for financial firms across member states. One option under consideration involves expanding the European Securities and Markets Authority's mandate to cover major cross-border financial entities.
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