In accordance with monitoring platform On Chainlens, an official pockets tied to U.S. authorities obtained 76.56 ETH (about $332,000) from Coinbase earlier at present.
The switch seems to be a part of an ongoing effort to consolidate digital belongings seized from the Uranium Finance exploit.
$332,000 in ETH moved from Coinbase
In accordance with monitoring platform On Chainlens, an official pockets tied to U.S. authorities obtained 76.56 ETH (about $332,000) from Coinbase earlier at present. The switch seems to be a part of an ongoing effort to consolidate digital belongings seized from the Uranium Finance exploit.
The protocol, a DeFi venture constructed on Binance Good Chain, was hacked in April 2021, with attackers draining tens of tens of millions of {dollars}. Even after a number of years, authorities are nonetheless piecing collectively the funds that have been stolen.
An official pockets belonging to the U.S. Authorities obtained 76.56 $ETH from #Coinbase, price $332K.
Again in April 2021, Uranium Finance was focused in an exploit, resulting in a significant asset seizure of $31M by the U.S. Authorities in February 2025.https://t.co/olHTF8ZCiW… pic.twitter.com/ICEDqOUtho
— Onchain Lens (@OnchainLens) August 21, 2025
Restoration efforts span years
Earlier this yr, U.S. officers introduced the profitable seizure of $31 million in belongings linked to the exploit. The newest Ethereum switch is taken into account one other step in that restoration course of, underscoring how authorities proceed to hint and reclaim funds years after the unique incident.
Whereas the newest ETH haul appears small relative to the size of the hack, analysts observe that such actions show persistence in monitoring down compromised tokens throughout exchanges. Coinbase has reportedly assisted in facilitating the return of those funds.
Present holdings of the U.S. pockets
Blockchain information present the government-controlled handle now holds 1,358 ETH, valued at roughly $5.83 million at present costs. Along with Ethereum, the pockets additionally accommodates a wide range of different digital belongings.
Mixed, the steadiness throughout the pockets – labeled “Funds Compromised by Uranium Finance Hacker” – sits at roughly $34.71 million, the majority of which comes from altcoins. This makes the handle one of many extra intently watched government-controlled wallets on Ethereum.
Significance for crypto markets
The newest motion highlights each the challenges and the progress in recovering belongings from DeFi exploits. Not like conventional finance, stolen crypto can typically stay seen on-chain indefinitely, permitting authorities to behave years later when stolen funds resurface on centralized exchanges.
Though modest in scale, the transaction reinforces the message that regulation enforcement continues to shut in on previous circumstances. For market observers, the switch is one other reminder that even years after a hack, the blockchain leaves a path that may be adopted.