US Charges Maryland Man in $54 Million Uranium Finance Crypto Hack
Key Takeaways
- Jonathan Spalletta, 36, of Rockville, Maryland, charged with computer fraud and money laundering.
- Uranium Finance losses totaled $54 million across two exploits in 2021.
- Indictment unsealed in Southern District of New York; charges include computer fraud and money laundering.
Spalletta Indicted for Uranium Hacks
Jonathan Spalletta was charged with computer fraud and money laundering.
“Maryland man charged in $50 million Uranium Finance hack after U”
The exploits drained over $54 million of cryptocurrency.
The indictment follows a February 2025 seizure of approximately $31 million in crypto tied to the exploit.
How the Hacks Worked
Spalletta exploited Uranium's rewards mechanism.
He drained roughly $1.4 million before negotiating a sham bug bounty.
He orchestrated a larger hack that drained an additional $54 million.
Laundering Via Tornado Cash
Spalletta laundered the proceeds through Tornado Cash.
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He spent millions on high-end collectibles.
Purchases included a Black Lotus card and a Roman Eid Mar coin.
Spalletta Surrenders to Authorities
Spalletta surrendered to federal authorities on March 30.
The indictment carries a maximum sentence of 10 years for computer fraud.
He faces up to 20 years for money laundering.
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