Crypto Seizure: $31M Recovered from Hack

U.S. Seizes $31 Million in Crypto from Uranium Finance Hack

• U.S. authorities seized approximately $31 million in cryptocurrency.
• The funds are linked to the 2021 hack of Uranium Finance.
• The seizure was a joint effort by the Southern District of New York and Homeland Security Investigations in San Diego.
• In April 2021, a hacker exploited a bug to steal $50 million from Uranium Finance.
• The hack was one of the largest monetary exploits in decentralized finance history.

This partial recovery of $31 million offers hope for victims nearly four years after the Uranium Finance hack, where $50 million was initially stolen.