A U.S. government wallet linked to seized funds from the Uranium Finance hack has received $332,000 worth of Ethereum from Coinbase.
Data from blockchain analytics firm Arkham confirmed a significant Ethereum transaction to a wallet controlled by the U.S. government on Wednesday evening.
The wallet, tagged “Uranium Finance Hacker Seized Funds,” received 76.56 ETH valued at around $332,000. The transaction occurred at 08:51:11 PM UTC and originated from a Coinbase hot wallet.
While the amount may seem modest compared with the larger seizure, the transfer has drawn attention because it confirms the government’s continued activity in handling the recovered assets.
Wallet Balance Grows Beyond $34 Million
After the latest inflow, the government-controlled address now holds 1,358 ETH, with a market value of about $5.83 million.
The wallet also contains several other digital tokens, pushing its total balance to approximately $34.71 million. This figure suggests that authorities have consolidated multiple assets seized from different stages of the investigation.
So far, neither Coinbase nor any government agency has provided public comment on this particular movement of funds.
U.S. Government crypto portfolio
Uranium Finance Exploit: One of DeFi’s Biggest Hacks
The Uranium Finance incident remains one of the most notorious exploits in the history of decentralized finance (DeFi).
Uranium Finance, launched as a clone of Uniswap on Binance Smart Chain, was targeted in April 2021. A vulnerability in the project’s pair contracts allowed a hacker to siphon off more than $52 million in tokens.
At the time, the exploit ranked among the largest monetary thefts in DeFi. This highlighted the risks associated with immature codebases and forked projects.
Government Seizure Announced in February 2025
Nearly four years after the hack, U.S. authorities achieved a significant breakthrough. On February 27, 2025, the U.S. Attorney’s Office for the Southern District of New York and Homeland Security Investigations (HSI) San Diego announced they had recovered approximately $31 million in stolen assets. This marked one of the most substantial recoveries tied to a DeFi exploit.
The official announcement highlighted the growing ability of law enforcement to trace blockchain movements despite obfuscation techniques.
The Uranium hacker had used various methods to disguise the stolen funds. Techniques included routing assets through Tornado Cash, breaking down transactions into smaller amounts for centralized exchanges, and allegedly purchasing rare Magic: The Gathering cards.
Despite these tactics, blockchain forensics and cross-border collaboration eventually led to significant asset recovery.
Victims Still Waiting for Compensation
Following the attack, Uranium Finance shut down permanently, leaving investors without answers or compensation. For years, victims had little hope their funds might ever be returned. The recent seizures, however, have renewed expectations that at least part of the stolen money could be returned to those affected.
Although no formal restitution plan has been announced, the gradual consolidation of assets in government wallets signals a possible future recovery effort.
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