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Feb 25, 2025
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U.S. Authorities Seize $31 Million in Crypto from Uranium Finance Hack

1 min

U.S. authorities seized approximately $31 million in cryptocurrency linked to the 2021 hack of Uranium Finance, as announced by the Southern District of New York (SDNY).

Key details include:

  • The seizure resulted from a collaboration between SDNY and Homeland Security Investigations (HSI).
  • In April 2021, hackers exploited a vulnerability in Uranium's contracts, stealing $50 million.
  • Uranium Finance was a clone of Uniswap deployed on Binance’s BNB chain.
  • The hacker attempted to launder funds using Tornado Cash and centralized exchanges.
  • The partial recovery is the first indication of restitution for victims after nearly four years.

Uranium Finance ceased operations post-hack, leaving many investors without recourse.