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Tom’s Hardware
Tom’s Hardware
Technology
Jowi Morales

Hacker charged for stealing $53 million in crypto, faces up to 30 years in prison — Uranium Finance thief spent $2 million of illicit funds on Magic: The Gathering, $1 million on Pokémon cards

Crypto.

The U.S. has just charged a hacker for allegedly attacking Uranium Finance, a decentralized exchange, allowing him to steal $53.3 million worth of cryptocurrency. The U.S. Attorney’s Office for the Southern District of New York is charging Jonathan Spalletta, also known as Cthulhon and Jspalletta, with computer fraud and money laundering, which could land him up to 30 years in prison.

“In describing his alleged ‘heist,’ Spalletta told another individual ‘Crypto is just fake internet money anyway.’ U.S. Attorney Jay Clayton said. “Stealing from a crypto exchange is stealing — the claim that ‘crypto is different’ does not change that. For the victims, there is nothing different about having your money taken. Spalletta cost real victims real losses of tens of millions of dollars, and now he’s under real arrest.”

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