U.S. recovers $31 million stolen in 2021 Uranium Finance hack

U.S. recovers  million stolen in 2021 Uranium Finance hack
Summary: U.S. authorities have successfully recovered million in cryptocurrency stolen during the 2021 cyberattacks on Uranium Finance, a DeFi protocol. This recovery marks one of the most significant asset retrievals in recent times, thanks to the efforts of blockchain intelligence firm TRM Labs. The stolen funds stemmed from two attacks that exploited vulnerabilities in the protocol’s smart contracts, leading to substantial investor losses.

Affected: Uranium Finance, a decentralized finance protocol on Binance’s BNB Chain

Keypoints :

  • Uranium Finance was attacked in April 2021, resulting in a total theft of over million.
  • The first attack on April 6, 2021, exploited a vulnerability leading to a theft of .4 million, while the second on April 28 stole million.
  • TRM Labs assisted in tracking the stolen assets, leading to the recovery of more than half of the stolen funds by February 2025.
  • The U.S. SDNY has invited victims to claim a portion of the recovered cryptocurrency via email.

Source: https://www.bleepingcomputer.com/news/cryptocurrency/us-recovers-31-million-stolen-in-2021-uranium-finance-hack/