Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto
Summary
A Maryland man, Jonathan Spalletta, has been charged with computer fraud and money laundering related to the 2021 hack of the Uranium Finance decentralized exchange, which resulted in over $50 million in losses and the platform’s subsequent shutdown. Prosecutors allege Spalletta exploited vulnerabilities in Uranium’s rewards mechanism, laundering the stolen funds through Tornado Cash and spending millions on rare collectibles, including a Black Lotus Magic: The Gathering card, Pokémon sets, and an ancient Roman coin. Approximately $31 million in crypto linked to the exploit was seized in February 2025. Spalletta surrendered to authorities and faces charges in the Southern District of New York.
(Source:CoinDesk)