MIT Grads Say $25M Crypto Fraud Charges Not Rooted In Law

By Aislinn Keely

The two Massachusetts Institute of Technology-educated brothers accused of a $25 million crypto heist have told a New York federal judge that the indictment against them is "far removed from the heartland of wire fraud" since their novel trades can't be considered misrepresentations and that they had no notice their activity would be considered unlawful.

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