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US Govt Seizes Another $332k From Uranium Finance Hack, Bringing Total Recovery to Over $34M

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The US government has seized over $34M in crypto from the Uranium Finance hack, raising hope for victims.
  • A U.S. government wallet received $332K ETH from Coinbase linked to Uranium Finance hack.
  • The wallet now holds over $34 million in crypto assets after multiple seizures.
  • The 2021 exploit drained $52M but in February, a $31M recovery was announced.

A U.S. government crypto wallet for assets seized in the Uranium Finance exploit has received an additional $332,000 in Ethereum. The inflow comes months after officials said they recovered $31 million assets in connection with the 2021 hack.

Analytics platform Arkham showed 76.56 ETH moving from a Coinbase hot wallet to the government address labeled “Uranium Finance Hacker Seized Funds”. The transfer occurred yesterday evening.

Total Seized Wallet Balance Now Over $34 Million

With the latest inflow, the wallet’s Ethereum holdings are now at 1,358 ETH worth around $5.83 million. Including other seized tokens, the address now carries a total value of $34.68 million. This suggests that law enforcement agencies are combining assets collected in different phases of the investigation. 

The 2021 Uranium Finance Hack Explained

Uranium Finance, a copy of Uniswap built on Binance Smart Chain, was hacked…

The post US Govt Seizes Another $332k From Uranium Finance Hack, Bringing Total Recovery to Over $34M appeared first on Coin Edition.

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