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Cybersecurity consultant convicted for $55M Uranium Finance hack and money laundering with up to 20 years prison risk

Market News
07 Oct 2026
Crypto news
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Bearish
Cybersecurity consultant convicted for $55M Uranium Finance hack and money laundering with up to 20 years prison risk

Jonathan Spalletta was convicted by a New York jury for computer fraud and money laundering related to two 2021 attacks on Uranium Finance that drained nearly $55 million, forcing the platform to close. Prosecutors traced the thefts to exploiting smart contract vulnerabilities and laundering the stolen assets through cryptocurrency mixers, with part of the proceeds spent on rare collectibles. Sentencing is scheduled for February 16, and authorities have seized about $31 million in crypto and valuable items. Victims are advised to contact Homeland Security Investigations for assistance.

The Uranium Finance hacker case involves a $55 million theft and upcoming sentencing. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 03:43 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable movers include ENJ at Rp542 with a 1-day change of -8.05%, SUSHI at Rp4.191 with a 1-day change of -7.49%, and VET at Rp144 with a 1-day change of -7.26%.

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