$25 million evaporated in 12 seconds! Unprecedented, 2 brothers involved

Digital currencies such as Bitcoin and Ethereum are distributed using blockchain technology, and there is no central authority that governs this system. Two brothers studying at one of the most prestigious universities in the US managed to steal $25 million worth of cryptocurrency in 12 seconds by manipulating protocols trusted by millions of Ethereum users worldwide. So how did Anton Peraire-Bueno and James Pepaire-Bueno, who are in their 20s and have signed an unprecedented fraud event in the world, do this? Here is the answer.

The demand for cryptocurrencies in the world is increasing day by day. Turkey is one of the countries with the highest interest in these assets. In fact, cryptocurrencies are considered to be one of the most important competitors of Borsa Istanbul lately. According to experts, the reason for this interest is that crypto investments stand out as a safe haven. So, is cryptocurrency investment as safe as it is thought to be? What if we told you that one day, it is possible for you to see your cryptocurrencies that you have saved by working your ass off disappear in just a few seconds... Because, unfortunately, exactly such a situation has become a reality in the cryptocurrency world. Anton Peraire-Bueno and James Pepaire-Bueno, two brothers in their 20s studying at Massachusetts Institute of Technology (MIT), one of the most prestigious universities in the USA, made history by stealing $25 million worth of Ethereum in just 12 seconds.

Two brothers, Anton Peraire-Bueno, 24, and James Pepaire-Bueno, 28, who study mathematics and computer engineering at the Massachusetts Institute of Technology (MIT), manipulated the Ethereum blockchain using special skills acquired during their education and their expertise in cryptocurrency trading. They gained access to private pending transactions by changing the protocols that verify transactions, and modified these transactions to steal victims’ cryptocurrencies.