Jonathan Spalletta, a 36-year-old U.S. national, was charged with exploiting smart contract vulnerabilities at decentralized exchange Uranium Finance in April 2021, draining millions and forcing the platform to shut down. He allegedly laundered proceeds through services including Tornado Cash and spent some funds on collectibles before U.S. authorities seized about $31 million, and now faces computer fraud and money laundering charges. #UraniumFinance #JonathanSpalletta
Keypoints
- Jonathan Spalletta, a U.S. national, was charged with hacking Uranium Finance.
- He allegedly exploited smart contract vulnerabilities on April 8 and April 28, 2021.
- The April 8 exploit withdrew roughly $1.4 million, with part kept as a fake bug bounty after extortion.
- The April 28 bug allowed him to steal about $53.3 million across 26 liquidity pools, draining the exchange.
- Authorities say he laundered funds via Tornado Cash, bought collectibles, had about $31 million seized, and faces fraud and money laundering charges.
Read More: https://www.securityweek.com/us-charges-uranium-crypto-exchange-hacker/