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U.S. Charges Maryland Man in $53M Uranium Finance DeFi Hack
Jonathan Spalletta (36, Maryland) charged with computer fraud & money laundering for hacking DeFi exchange Uranium Finance in April 2021.
What happened:
▪️ Exploited smart contract bugs in two separate attacks
▪️ Stole ~$1.4M first, then ~$53.3M from 26 liquidity pools
▪️ Uranium Finance was destroyed and shut down permanently
The twist:
He created a fake Telegram "War Room" pretending to investigate his own hack.
Where the money went:
Laundered via Tornado Cash, then spent on rare Pokémon cards, Magic: The Gathering Black Lotus, and even Wright Brothers' airplane fabric carried to the moon.
How he got caught:
U.S. seized ~$31M in crypto (Feb 2025). TRM Labs traced funds across multiple chains over 4+ years of laundering.
He surrendered March 30, 2026. Faces up to 30 years in prison.
Key Lesson: DeFi hacks are NOT untraceable. Blockchain forensics can track stolen funds even years later. Always verify smart contract audits before using any protocol.