Ex-Trader Testifies MIT Brothers Planned $25M Ethereum “Bait and Switch” Months in Advance

0
104

The Defendants and the Trial

Prosecutors allege the Peraire-Bueno brothers, both graduates of the Massachusetts Institute of Technology in computer science and mathematics, leveraged their technical expertise to orchestrate the sophisticated blockchain heist.

The government is represented by Danielle Kudla, Jerry Jia-Wei Fang, Benjamin Levander, and Ryan Nees of the U.S. Attorney’s Office for the Southern District of New York.

Anton Peraire-Bueno is represented by Daniel N. Marx and William W. Fick of Fick & Marx LLP.
James Peraire-Bueno is represented by Katherine Trefz, Daniel Shanahan, Patrick Looby, Ikenna Ugboaja, and Joseph Bayerl of Williams & Connolly LLP, along with Jonathan Bach of Shapiro Arato Bach LLP.

Signup for the USA Herald exclusive Newsletter

Chen’s testimony is set to continue Monday.

The case is United States v. Peraire-Bueno et al., Case No. 1:24-cr-00293, in the U.S. District Court for the Southern District of New York.