Hacker who stole nearly $55 million from Uranium Finance found guilty, faces up to 20 years in prison.

According to Bloomberg, cybersecurity consultant Jonathan Spalletta has been found guilty by a New York jury in connection with the theft of nearly $55 million from crypto trading platform Uranium Finance. Prosecutors alleged he carried out two attacks in 2021, which led to the platform’s shutdown following the fund theft. The jury reached its verdict after over two hours of deliberation. Spalletta faces up to 20 years in prison on money laundering charges tied to his use of crypto mixing services such as Tornado Cash. U.S. District Judge Jed Rakoff scheduled a sentencing date for February 16. Law enforcement seized more than $3 million worth of rare Pokémon and Magic: The Gathering cards, plus approximately $31 million in crypto assets from his Maryland residence. Prosecutors further stated that he spent over $600,000 on an ancient Roman coin commemorating the assassination of Julius Caesar, and $137,000 on an original Wright Brothers aircraft component that had been taken to the moon by Neil Armstrong. His defense counsel argued that he only used publicly available functions within smart contracts, rather than forging credentials or deploying malicious code, and thus did not commit hacking.