Jonathan Spalletta goes on trial over alleged $54.7 million Uranium Finance hack

  • Jonathan Spalletta is on trial over allegations that he exploited Uranium Finance smart contracts in two April 2021 attacks.
  • Prosecutors say approximately $1.4 million and $53.3 million were taken, including $53.3 million from 26 liquidity pools.
  • Uranium Finance shut down after losing essentially all of its liquidity, while authorities later seized approximately $31 million in cryptocurrency.

Jonathan Spalletta, a 36-year-old cybersecurity consultant from Rockville, Maryland, is on trial before a Manhattan federal jury over allegations that he exploited Uranium Finance, a decentralized finance platform, in two April 2021 attacks. Prosecutors say the first attack extracted approximately $1.4 million on April 8 and the second took approximately $53.3 million from 26 liquidity pools on April 28, for about $54.7 million overall. The government alleges Spalletta moved proceeds through multiple wallets and blockchains, including Tornado Cash, and used them to buy collectibles and historical items. Authorities separately seized approximately $31 million in cryptocurrency on February 24, 2025. Spalletta faces computer-fraud and money-laundering charges carrying maximum penalties of 10 and 20 years, respectively; the defense disputes that prosecutors can link him to either intrusion.

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