US vs. Peraire-Bueno Ends Without Resolution Amid Debate Over MEV and Blockchain Fraud
A federal judge in Manhattan declared a mistrial in the case against brothers Anton and James Peraire-Bueno, who faced charges tied to a $25 million scheme on the Ethereum blockchain. The jury could not reach a unanimous verdict after several days of deliberations. US District Judge Jessica G.L. Clarke ended the proceedings late Friday.
Prosecutors alleged the defendants manipulated Ethereum’s validator ecosystem through MEV-Boost to reorder transactions and extract funds in seconds. They framed the conduct as a “bait-and-switch” that deceived automated trading systems. The defense countered that the brothers used public code and competitive strategies that operate within the network’s rules.
Read more on Analytics Insight
