Crypto31 March, 20261 min read
US Charges Maryland Man in $54 Million Uranium Finance Crypto Hack
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Jonathan Spalletta, 36, of Rockville, Maryland, charged with computer fraud and money laundering. Uranium Finance losses totaled $54 million across two exploits in 2021.
Spalletta Indicted for Uranium Hacks
Jonathan Spalletta was charged with computer fraud and money laundering. 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. 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.