Hacker charged with stealing $53 million from Uranium crypto exchange

Hacker charged with stealing  million from Uranium crypto exchange

Jonathan Spalletta, known online as “Cthulhon” and “Jspalletta,” allegedly hacked the Uranium Finance automated market maker on Binance’s BNB Chain twice in April 2021, stealing approximately $53.3 million and forcing the exchange to shut down. He then laundered the proceeds through Tornado Cash, spent funds on high-value collectibles, had assets and collectibles seized in 2025, and now faces charges including computer fraud and money laundering. #JonathanSpalletta #UraniumFinance #TornadoCash #BNBChain

Keypoints

  • Spalletta allegedly exploited smart contract flaws to steal about $53.3 million from Uranium Finance.
  • He carried out two attacks in April 2021, first draining roughly $1.4 million and later withdrawing nearly 90% of assets across 26 liquidity pools.
  • Stolen funds were laundered through Tornado Cash and spent on expensive collectibles such as rare trading cards and coins.
  • Crypto investigators linked Tornado Cash withdrawals to the Uranium hack, and law enforcement seized approximately $31 million and seized collectibles in February 2025.
  • Spalletta faces up to 10 years for computer fraud and up to 20 years for money laundering if convicted.

Read More: https://www.bleepingcomputer.com/news/security/hacker-charged-with-stealing-53-million-from-uranium-crypto-exchange/