| After Taking
$25M from Ethereum Blockchain
Peraire Bueno Duo Say Crypto
Not Under NSPA
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
April 14 – 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."
On May 15
James Peraire-Bueno was
brought in detention before
U.S. District Court for the
Southern District of New York
Magistrate Judge Valerie
Figueredo. Inner City Press
was there, the only media in
the SDNY Mag Court, thread
On May 23, Inner
City Press was again the only
media present for the
arraignment of Anton, and
status conference on both,
before Magistrate Judge
Jennifer E. Willis (to whom
Judge Clarke referred the
proceeding, and a script). Thread
On June 21 Judge
Clarke permitted the two
defendants to trade and
liquidate four accounts at
Chase and Fidelity to pay
counsel and for living
expenses.
On August 19 an
October 2025 trial date was
set.
On December 6,
the Peraire-Buenos filed a
slew of motions - to dismiss,
to suppress, to compel, for a
bill of particulars -
including some redacted, they
say, at the US Attorney's
Office's demand, including
about Victim-1.
On April 7 Inner
City Press attended the
hearing on the pending
motions. The duo's lawyers
sought information victims
(asking if they were bots) and
a Franks hearing to question
Agent Diaz.
Thread here;
more on X for Subscribers here
and Substack here.
On April 14 the
defendant filed seeking to
dismiss, saying of Count 4
that crypto is not "property"
under the National Stolen
Property Act and that the
prosecution is so novel it
violates due process.
Inner City Press
is covering this case.
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
|
,
