US DoJ: “As cryptocurrency markets continue to evolve, the Department will continue to root out fraud, support victims, and restore confidence to these markets.” justice.gov/opa/pr/two-brother

so confidence in crypto markets is now a state-supported good?

this case is so weird because as i understand it was an attack on a protocol by which it’s become conventional for miners to front-run user transactions. more conventional rent extractors get protected, less conventional ones get prosecuted.

ht @peterbutler

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