Catenaa Sunday, March 02, 2025- US law enforcement officials have seized $31 million in cryptocurrency believed to be connected to the 2021 Uranium Finance hack, which resulted in a loss of approximately $50 million.
The Southern District of New York and Homeland Security Investigations in San Diego announced the confiscation on Monday, urging victims to contact law enforcement. The seizure marks a major step in recovering funds from the now-defunct automated market maker protocol, which operated on the BNB chain, formerly known as Binance Smart Chain.
Uranium Finance suffered an exploit in April 2021 while upgrading its protocol. Attackers manipulated a vulnerability in its smart contract, allowing them to drain the majority of tokens from its liquidity pool. The stolen funds were initially laundered through Tornado Cash, a controversial crypto mixer.
Blockchain analyst ZachXBT previously reported that the hackers further obscured their trail by using collectible trading cards from “Magic: The Gathering” as a laundering method.
Authorities have not disclosed whether additional assets are being pursued or if arrests have been made. However, the latest development signals ongoing efforts to track and recover stolen digital assets linked to past cybercrimes.
