| In Trial for
Taking $25M from Eth
Sandwich US Honest
Validator Theory Likened
to Casino
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
Oct 29 – James Peraire-Bueno
was indicted for "conspiracy
to commit wire fraud, wire
fraud, and conspiracy to
commit money laundering.
The charges in the Indictment
arise from an alleged novel
scheme by the defendants to
exploit the very integrity of
the Ethereum blockchain to
fraudulently obtain
approximately $25 million
worth of cryptocurrency within
approximately 12
seconds."
More on X for
Subscribers here
and Substack here.
On October 14,
Inner City Press live tweeted
jury selection, here.
Late on October
14, the defendants opposed
Miller: Filing on Patreon
here
On October 15,
Inner City Press live tweeted
the opening arguments - and
then Miller as first witness,
quickly into the weeds of
headers and validators. Thread.
On October 23
SDNY witness Sebade read
messages as Anton, including
one that the father Jaime
Peraire was involved. Inner
City Press asked him at the
lunch break and was told, Yes,
that's what they read.
On October 28 US
witness Hoffmeister described
his view of the duties of an
Ethereum validator, which the
defense contested as
"eccentric," thread
On October 29,
the sides argued repeatedly
about the prosecutors' honest
validator theory, with the
analogy of a person walking in
a casino with a machine to
cheat with proffered (by the
US) as an analogy.
Analysis, timing
and more on X for Subscribers
here
and Substack
here
Due to Amazon
taking down Inner City Press'
books on SBF, Do Kwon, Roman
Storm and more, this book is
on Google Play here
Inner City Press
is covering this trial.
The case is USA
v. Peraire-Bueno, et al.,
1:24-cr-293 (Clarke)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room
500 Pearl Street, NY NY 10007 USA
Mail: Box 130222, Chinatown Station,
NY NY 10013
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2025 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
