- Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering involving a $25 million Ethereum blockchain exploit.
- A mistrial was declared after jurors were unable to reach a verdict, with deliberations lasting over three days.
- The U.S. government has requested a new trial date for late February or early March 2026.
- The charges include conspiracy to commit wire fraud, money laundering, and conspiracy to receive stolen property.
- The case highlights legal challenges related to blockchain trading and maximal extractable value (MEV) bots.
Anton and James Peraire-Bueno, two brothers indicted for allegedly exploiting the Ethereum blockchain for $25 million, could face a retrial as soon as February 2026. This follows a mistrial declared by a judge in the U.S. District Court for the Southern District of New York after jurors failed to reach a verdict.
The U.S. government filed a motion requesting the retrial be scheduled “as soon as practicable in late February or early March 2026,” according to the court document available on Courtlistener.
The brothers face charges including conspiracy to commit wire fraud, money laundering, and conspiracy to receive stolen property. The allegations center on their use of maximal extractable value (MEV) bots, software programs that take advantage of transaction ordering on the Ethereum blockchain to generate profit. They are accused of exploiting these to steal about $25 million in digital assets in 2023.
Jurors deliberated for more than three days but could not agree on a verdict. During this period, the jury submitted questions seeking clarifications about trial testimony and the legal definition of “good faith.” A letter filed on the public docket described the jurors’ emotional and mental strain, with half the jury breaking down in tears and reporting sleepless nights. The letter also mentioned the hardship caused by nearly a month of sequestration from personal and professional life, which the jurors noted as a lesser concern.
As of the latest filings, the presiding judge has not set a formal retrial date. If convicted in a new trial, the Peraire-Bueno brothers could face significant prison time. The case has drawn interest from the cryptocurrency community due to possible implications for blockchain trading and regulation.
For more information on the court filings, see the motion on Courtlistener.
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