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The U.S. prosecution seeks to re-examine the $25 million coin theft case involving a recent MIT graduate next year.

On November 11, Bloomberg reported that U.S. federal prosecutors want to retry two brothers who are accused of stealing approximately $25 million in Crypto Assets from traders on the Ethereum Blockchain. According to court documents submitted later on Monday, U.S. government attorneys requested District Court Judge Jessica Clarke to schedule a new fraud trial as soon as possible, potentially as early as February. The two defendants involved in the case, James and Anton Peraire-Bueno, are both recent graduates of the Massachusetts Institute of Technology (MIT).

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