Uranium Finance hacker convicted for $53M theft
🛡️ A Maryland man was convicted after hacking the decentralized exchange Uranium Finance twice in April 2021, stealing more than $53 million in cryptocurrency. Jonathan Spalletta (aka "Jspalletta" and "Cthulhon") exploited smart contract flaws to drain liquidity pools and launder funds through Tornado Cash and DEXs. Law enforcement recovered about $31 million and seized high‑value collectibles bought with the proceeds, and Spalletta faces lengthy prison sentences for computer fraud and money laundering.
