News

PANews, December 31—According to Cointelegraph, as a U.S. court considers a retrial for brothers Anton and James Peraire-Bueno, who are accused of illegally profiting $25 million by exploiting a vulnerability in the Ethereum blockchain, U.S. prosecutor Jay Clayton has submitted a letter to Judge Jessica Clarke opposing the amicus brief filed by the DeFi Education Fund (DEF). Clayton stated: "The brief is disconnected from the trial record and merely repeats legal arguments that have already been rejected by this Court. The brief submitted by DEF is unlikely to assist the Court in its consideration of the specific issues." Last November, after the jury failed to reach a unanimous verdict on the brothers' guilt or innocence, Clarke declared a mistrial. Within a week, the U.S. government requested the court to "promptly schedule a retrial for the brothers in late February or early March 2026." According to a draft of the DEF amicus brief submitted on December 19, the organization supports a motion for acquittal or dismissal, arguing that the case has "broader implications for the industry." DEF stated: "Such prosecutions create uncertainty and fear for software developers, suppress participation in the decentralized finance sector, and drive participants overseas." DEF further added: "The Department of Justice should not bring charges based on a misinterpretation of existing law that goes beyond potential future legislation, as this would create confusion in governance rules and hinder industry development." Many in the crypto industry continue to closely watch the potential impact of this case on MEV-related activities.

According to Odaily, the minutes of the Federal Reserve meeting indicated that participants generally expect economic growth to accelerate in 2026, and that in the medium term, economic activity will expand at a pace roughly in line with potential output. Many participants anticipate that adjustments in fiscal policy, regulatory policy, or more favorable financial market conditions will support economic growth. However, participants believe that the uncertainty surrounding their forecasts for real GDP growth remains very high. In addition, some participants pointed out that structural factors such as technological progress and increased productivity (possibly reflecting the growing application of artificial intelligence) could promote economic growth without generating price pressures, but may also restrain employment growth.

ChainCatcher reported that, according to market sources, Grayscale has announced that it has submitted an S-1 registration statement to the US SEC, proposing to convert its Bittensor Trust Fund into an ETF. If approved, this fund will become the first TAO ETP in the United States.