Security· ★★★· bearish·

Manhattan Jury Convicts Uranium Finance Hacker in $53.3M Crypto Theft

  • —Jury returned guilty verdicts on both counts against Spalletta
  • —Uranium Finance lost about $53.3 million in the April 2021 attacks
  • —Roughly $26 million moved through Tornado Cash between 2021 and 2023
  • —About $31 million in crypto seized; no sentencing date set
Why it matters: The case sets a precedent for attributing DeFi exploits and mixer-based laundering, adding pressure on Tornado Cash.
Source: Bitcoin.com