MIT graduates Anton and James Peraire-Bueno are charged with a $25 million cryptocurrency heist.

The Peraire-Bueno brothers allegedly exploited Ethereum blockchain vulnerabilities to redirect funds.

Their complex scheme involved months of planning and the use of shell companies to hide their actions.

Authorities responded rapidly post-arrest, underlining the justice system's commitment to combating crypto fraud.

If found guilty, the brothers could face up to 20 years in prison per count.

The case underscores the pressing need for enhanced security protocols in the cryptocurrency industry.