New York Jury Convicts Hacker of $55M Uranium Finance Theft

Cybersecurity13 days ago

Jonathan Spalletta spent millions on rare Pokémon and Magic: The Gathering trading cards using funds he stole from a cryptocurrency exchange. A New York jury convicted the cybersecurity consultant of stealing nearly $55 million in assets from the Uranium Finance exchange during two separate attacks in 2021, a crime that now carries a maximum prison sentence of 20 years.

Spalletta laundered the loot through crypto mixers, including Tornado Cash, prosecutors said. In addition to the cards, he used the funds to acquire an ancient Roman coin and a piece of the Wright brothers' Flyer.

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35%Tough Sentencing Follows+0.0%
25%Appeal Tests Verdict-0.0%
22%Broader Enforcement Sweep-0.1%

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New York Jury Convicts Hacker of $55M Uranium Finance Theft

In this story

Jonathan Spalletta Uranium Finance New York Tornado Cash

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

35%Tough Sentencing Follows+0.0%
25%Appeal Tests Verdict-0.0%
22%Broader Enforcement Sweep-0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.