The jury in the MEV Bot trial is trying to reach a verdict as the weekend approaches

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Jurors who will decide beyond a reasonable doubt whether two brothers are guilty in a case involving maximum extraction value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict over the weekend.

Jurors in the U.S. government’s case against Anton and James Peraire-Bueno, according to Inner City Press reporting in a Recent York courtroom Friday. required additional explanation from the judge regarding the intentions behind their actions. Despite the judge’s instructions, jurors reportedly “had trouble reaching a unanimous verdict” in the case.

Reports indicated that a jury could find the brothers not guilty of at least one count of conspiracy to commit wire fraud, money laundering and conspiracy to obtain stolen property. Judge Jessica Clarke rejected defense requests for a mistrial and ordered the jury to order dinner and continue deliberating.

The deliberations, which took almost three full business days as of Friday afternoon, were significantly longer than comparable cryptocurrency and fraud cases. Meanwhile, the jury in the criminal trial of former FTX CEO Sam Bankman-Fried in the same district court took about five hours to find him guilty of seven felony charges.

Related: Researchers from Columbia University have discovered that there is “artificial trading” in the supermarket.

The charges against the brothers stemmed from allegations that they used MEV bots to mine approximately $25 million worth of cryptocurrencies from the Ethereum blockchain in 2023. Prosecutors’ theory presented to the jury was that both people had “gamed” the system by presenting themselves as “honest validators” on the blockchain.

How long can a jury deliberate?

It was unclear at the time of publication whether the jury would reach a verdict by the end of the day. In a Thursday note to the judge, they said he said they could stay until 7:30 pm EST on Friday.

Although there are generally no laws limiting the time a jury may need to deliberate, a judge may intervene to expedite the proceedings or grant a motion to mistrial if the jury indicates that the case is at an impasse. In the Peraire-Buenos case, Clarke did not charge Allen – “instructions given to the hung jury urging them to agree on a verdict” According to to the Cornell Law School Legal Information Institute.

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