Jury convicts Uranium Finance hacker of computer fraud and money laundering
Image: Bitcoin.com NewsA Manhattan federal jury convicted Jonathan Spalletta of computer fraud and money laundering on Wednesday over the 2021 Uranium Finance attacks. Prosecutors said he drained about $53.3 million from the BNB Chain DeFi platform. He first took about $1.4 million on April 8, 2021. Agents seized about $31 million in crypto and collectibles. Spalletta, 36, of Maryland, faces up to 30 years in prison.
Key points
- A federal jury convicted Jonathan Spalletta of computer fraud and money laundering over the 2021 Uranium Finance attacks.
- Prosecutors said he drained about $53.3 million from Uranium Finance after a smart-contract flaw.
- He took about $1.4 million on April 8, 2021, before the larger drain later that month.
- Stolen funds went to a $750,000 first-edition Pokemon set and a $500,000 Black Lotus card.
- Agents seized about $31 million in crypto plus collectibles including the Black Lotus.
Why it matters
Uranium Finance shut down after the April 2021 drains, leaving it without funds. The conviction followed prosecutors tracing millions through Tornado Cash and linking seized assets to collectible purchases.
Price context · BNB
At publication
$770.13
Now
$770.32
Change since
+0.02%
7 days · dashed line = publication
Sources · 2 publishers
BeInCrypto
Tier 2
Crypto Hacker Who Spent Stolen Millions on Pokémon Cards Found Guilty in New York
Coverage timeline
- First reported by Bitcoin.com News
- Confirmed by BeInCrypto
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
