Security· ★★★· neutral·

Manhattan trial begins over $55 million Uranium Finance hack

  • —Spalletta faces charges over two 2021 attacks on Uranium Finance totaling $55 million
  • —The most serious charge carries up to 20 years in prison
  • —Authorities seized $31 million in crypto, $3 million in Pokémon cards and a $600,000 Roman coin
  • —Defense says he used publicly available smart-contract functions, not a hack
Why it matters: The verdict will decide whether exploiting bugs in open-source code counts as criminal hacking — a key precedent for DeFi.
Source: Newsbit
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