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Maryland man charged with stealing $53M from crypto exchange using Tornado Cash laundering

Market News
06 Apr 2026
The Daily Hodl
View Source
Bearish
pluang ai news

Jonathan Spalletta from Maryland is accused of stealing over $53 million from the decentralized crypto exchange Uranium Finance in 2021 by exploiting smart contract vulnerabilities. He allegedly manipulated reward systems and exploited flaws across multiple liquidity pools, causing the platform to shut down. Authorities say he laundered the stolen funds through Tornado Cash and used the money to buy rare collectibles. Law enforcement seized $31 million in related cryptocurrency in 2025, and Spalletta faces up to 30 years in prison if convicted.

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