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Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto
Prosecutors say he used smart contract flaws, a crypto mixer and high-end collectibles to launder proceeds after the exchange lost $53.3 million.
- On Monday, Jonathan Spalletta, 36, of Rockville, Maryland, surrendered to authorities after being charged with hacking Uranium Finance twice in 2021, stealing approximately $53.3 million and forcing the platform to shut down.
- Prosecutors allege Spalletta exploited Uranium's smart contract code on April 8, 2021, draining approximately $1.4 million, then extorted nearly $386,000 as a sham "bug bounty" before striking again on April 28 with a coding error exploit.
- Spalletta allegedly laundered stolen funds through the Tornado Cash cryptocurrency mixer, purchasing a Black Lotus Magic card for approximately $500,000 and 18 sealed Alpha Booster Magic packs for around $1.5 million.
- Law enforcement recovered approximately $31 million in cryptocurrency from wallets linked to Spalletta in February 2025, and he faces up to 10 years for computer fraud and up to 20 years for money laundering.
- Following his Monday surrender, Spalletta appeared before U.S. Magistrate Judge Ona T. Wang in Manhattan, where the Southern District of New York indictment outlines the theft that destroyed the exchange.
13 Articles
13 Articles
Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto
Prosecutors say Jonathan Spalletta exploited smart contract bugs twice in April 2021, laundering funds through Tornado Cash and spending proceeds on rare collectibles.
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Cryptocurrency News | Cryptocurrency Prices | Market CapHacker charged with stealing $53 million from Uranium crypto exchange
U.S. prosecutors have charged a Maryland man with stealing more than $53 million after hacking the Uranium Finance crypto exchange twice and laundering the proceeds through a cryptocurrency mixer.
$54M Crypto Hack Nets Maryland Man 30-Year Charge
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$54M Uranium Finance Exploit: U.S. Files Charges Amid Escalating DeFi Crackdown
TL;DR: Federal prosecutors charged a Maryland man over two 2021 Uranium Finance attacks that allegedly drained about $54 million and helped force the platform’s collapse. The indictment says the first exploit took about $1.4 million, while a second breach caused roughly $53.3 million in losses. Authorities allege laundering through collectibles, have already seized about $31 million, and are pressing computer fraud and money laundering charges …
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