Maryland Coder's $53M DeFi Heist Ends in Handcuffs After Four-Year Hunt
DeFi promised borderless riches in 2021—until hackers like Jonathan Spalletta proved otherwise. Charged now for a $53 million double-whammy on Uranium Finance, he's a stark reminder: code flaws cost real fortunes.
⚡ Key Takeaways
- Spalletta's double hack drained $53M from Uranium Finance in 2021, forcing permanent shutdown.
- Feds recovered $31M by tracing laundered funds to luxury collectibles.
- Charges signal DOJ's aggressive push against DeFi exploits, predicting more arrests.
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Originally reported by InfoSecurity Magazine
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