The post US Opposes DeFi Fund’s Brief in Ethereum MEV Case Retrial Review appeared on BitcoinEthereumNews.com.

The US government opposed the DeFi Education Fund’s amicus brief in the Peraire-Bueno brothers Ethereum MEV case, citing its restatement of rejected legal arguments without new relevant information. This occurs amid a potential retrial for the duo accused of extracting $25 million via automated bots. Mistrial declared in November after jury deadlock on guilt in wire fraud conspiracy. Prosecutors seek retrial in late February or early March 2026 in Southern District of New York. DEF warns case creates fear among DeFi developers, potentially stifling US innovation (per their December 19 draft). US opposes DeFi Education Fund brief in Peraire-Bueno brothers $25M Ethereum case. Explore legal battle’s impact on MEV bots, DeFi growth. Read key details on retrial motion now. What is the Peraire-Bueno brothers case? The Peraire-Bueno brothers case involves Anton and James Peraire-Bueno, accused of exploiting Ethereum’s blockchain using automated maximal extractable value (MEV) bots to steal approximately $25 million. In April 2023, prosecutors alleged the brothers intercepted pending transactions, manipulated them for profit through front-running, and laundered proceeds. A mistrial was declared in November 2024 after the jury deadlocked, prompting a motion for acquittal now under review. Why did US Attorney oppose the DeFi Education Fund amicus brief? Interim US Attorney Jay Clayton filed opposition on December 30, 2024, in the US District Court for the Southern District of New York. He argued the DeFi Education Fund’s (DEF) brief duplicates legal issues already ruled on by Judge Jessica Clarke and offers no novel insights tied to the acquittal motion. Clayton stated, “DEF does not provide any new information relevant to the current motion.” This stance aligns with prior rejections of similar briefs, like one from Coin Center during the trial. DEF’s December 19 draft had urged dismissal, claiming such prosecutions foster uncertainty that drives DeFi developers overseas. The…

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Filed under: News - @ December 31, 2025 2:22 am