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US Oppose Defi Education Fund Brief Ahead of Potential MEV Case Retrial

Cointelegraph
US prosecutors oppose the DeFi Education Fund's amicus brief in the potential retrial for the Peraire-Bueno brothers accused in an Ethereum MEV exploit.

Summary

US prosecutors, led by interim US Attorney Jay Clayton, filed a letter opposing the acceptance of an amicus brief from the DeFi Education Fund (DEF) as Judge Jessica Clarke considers a potential retrial for Anton and James Peraire-Bueno. The brothers were involved in a mistrial concerning an alleged $25 million Ethereum blockchain exploit using maximal extractable value (MEV) bots. Clayton argued that DEF's brief merely repeats legal arguments already rejected by the court and offers no unique information relevant to the pending motion to dismiss or acquit. The DEF brief supported dismissing the indictment, claiming the prosecution chills DeFi participation by using ill-fitting interpretations of existing law. The US government has requested the retrial be scheduled for late February or early March 2026. The case carries significant implications for MEV-related activities in the crypto industry.

(Source:Cointelegraph)