Ethereum bots trial lays out bright future for ‘Snoopy’ and ‘Curious Rabbit’

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Last Updated on 20 October 2025 by CryptoTips.eu

The New York business community is closely following the trial of “Snoopy” and “Curious Rabbit,” the two brothers who studied how crypto trading bots worked and then laid an ingenious trap for the AI systems. This is how they made $25 million in Ethereum in 12 seconds.

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Mamdani

You’d think New York’s billionaires would be focusing all their attention on the mayoral race, which will be decided in three weeks. Top contender Zohran Mamdani isn’t exactly making friends with Wall Street investors and the city’s resident billionaires. They’re ignoring the race for now and focusing instead on “Snoopy” and “Curious Rabbit,” the online aliases of two young brothers from Manhattan, both math whizzes, who figured out how AI models decide to purchase new cryptocurrencies.

They then created some digital coins of their own, boosted their value, and let the AI-bots buy in. They sold the worthless coins to the bots in Ethereum, raking in millions of dollars in profits. The entire operation took 12 seconds, made the young brothers millionaires, and resulted in significant losses for several wealthy investors.

MIT

Apparently, both brothers were educated at the renowned MIT (Massachussets Institute of Technology). The prosecution now alleges that the brothers spent months preparing the 12-second exploit, executed on the Ethereum blockchain. The brothers allegedly set up “decoy transactions” to analyze the behavior of three traders’ bots.

 

Once they had enough information, they triggered a trap by exploiting a vulnerability in the software to access the private transaction data of the traders and thus were able to predict what the AI models would do. Instead of the expected profit, the victims (all wealthy investors with considerable experience) discovered that their $25 million had been siphoned off into virtually worthless, illiquid tokens (or “shitcoins”), according to the indictment.

Rumors suggest that several Wall Street investment banks have already offered the brothers jobs with very lucrative salaries. Given their technical expertise and the sophistication of their exploit, that is not too surprising.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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