Brothers arrested for $25 million theft in Ethereum blockchain attack
ID: 6d9119f2-353e-5309-8ed4-17a62b1322b6
STIX ID: report--6d9119f2-353e-5309-8ed4-17a62b1322b6
Feed Name: Bleeping Computer
Threat Score
The U.S. Department of Justice indicted two former MIT students for allegedly manipulating the Ethereum blockchain by exploiting a vulnerability in MEV-Boost relays to access and reorder pending transactions, resulting in the theft of about $25 million in roughly 12 seconds; the indictment details use of concealed validators, bait transactions, block re-ordering, laundering through shell companies and exchanges, and investigation by IRS-CI, NYPD, and U.S. Customs and Border Protection.
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