The federal trial of Jonathan Spalletta has opened in Manhattan over allegations that he stole about $53.3 million from Uranium Finance, a BNB Smart Chain automated market maker, by exploiting smart-contract vulnerabilities in April 2021. Prosecutors allege Spalletta first extracted about $1.4 million on April 8, retained about $386,000 after a purported bug-bounty arrangement, and then used a second flaw across 26 liquidity pools on April 28, leaving the protocol unable to operate. They also allege that roughly $26 million in proceeds moved through Tornado Cash between April 2021 and November 2023 and funded purchases including collectibles and historical items. The defense argues that blockchain evidence and wallet control do not establish who sent the exploit transactions. Spalletta, who was charged with computer fraud and money laundering, has not pleaded guilty and is presumed innocent. Authorities said in February 2025 that they seized about $31 million tied to the hack, and the trial remains ongoing without a publicly set verdict date.