Uranium crypto exchange hacker convicted for stealing $53 million
Maryland man Jonathan Spalletta was convicted of stealing $53 million by hacking Uranium Finance in 2021.
A Maryland jury found 36-year-old Jonathan Spalletta guilty of computer fraud and money laundering for hacking the decentralized exchange Uranium Finance twice in April 2021. He first drained about $1.4 million via a smart-contract flaw, then exploited a verification bug that used 1,000 instead of 10,000 and withdrew about $53.3 million, collapsing the exchange. He laundered proceeds through Tornado Cash; investigators later seized collectibles and recovered roughly $31 million in cryptocurrency. He faces up to 10 years for computer fraud and up to 20 years for money laundering.
- Spalletta convicted of computer fraud and money laundering after two April 2021 Uranium hacks.
- First exploit drained about $1.4 million; a later coding bug yielded roughly $53.3 million.
- He laundered proceeds through Tornado Cash and bought millions in collectibles.
- Agents seized collectibles in 2025 and recovered about $31 million in cryptocurrency.
- He faces up to 10 years for computer fraud and 20 for money laundering.
- Vendors
- Binance
- Products
- BNB ChainTornado Cash
- Threat actors
- Jonathan Spalletta
- Victims
- Uranium Finance
- Organizations
- TRM LabsU.S. Attorney's Office
- Countries
- United States
From the original article
2 min read at bleepingcomputer.com
A Maryland man was found guilty of stealing more than $53 million after hacking the decentralized crypto exchange Uranium Finance twice in April 2021. [...]
By Sergiu Gatlan · bleepingcomputer.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.