U.S. Authorities Recover $31 Million From 2021 Uranium Finance Hack

The partial recovery marks progress in a years-long investigation into one of DeFi's largest exploits, which saw $50 million stolen from the now-defunct platform.

• U.S. law enforcement has seized $31 million in cryptocurrency tied to the 2021 hack of Uranium Finance, a decentralized finance platform on the Binance Smart Chain.
• The attack exploited a vulnerability in Uranium Finance's smart contracts during a protocol upgrade, allowing the hacker to drain $50 million worth of crypto assets.
• The stolen funds were laundered through methods such as the Ethereum-based coin mixer Tornado Cash and purchases of high-value Magic: The Gathering trading cards.
• Blockchain investigator ZachXBT played a key role in tracing the stolen assets, which included Bitcoin, Ethereum, Binance USD, and Uranium's native token U92.
• Victims of the hack are encouraged to contact authorities through a dedicated email to report their claims and potentially recover their losses.

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