Pokemon collector guilty in $55m crypto hack

New York jury convicted cybersecurity consultant Jonathan Spalletta of stealing $55m crypto from Uranium Finance in 2021.

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Pokemon collector guilty in $55m crypto hack

New York jury convicted cybersecurity consultant Jonathan Spalletta of stealing $55m crypto from Uranium Finance in 2021.

In brief

New York jury convicted cybersecurity consultant Jonathan Spalletta of stealing $55m crypto from Uranium Finance in 2021. Jonathan Spalletta was found guilty of stealing nearly $55 million in cryptocurrency from Uranium Finance in 2021, with sentencing set for February 16, 2027. Originally reported by The Straits…

New York jury finds Spalletta guilty

New York jury convicted cybersecurity consultant Jonathan Spalletta of stealing nearly US$55 million in cryptocurrency from Uranium Finance in 2021.

Spalletta spent stolen funds on collectibles

Prosecutors said Spalletta used crypto mixers like Tornado Cash to buy rare Pokemon cards, Magic: The Gathering cards, and other collectibles.

Authorities seized collectibles and crypto

Authorities seized collectibles and crypto

US authorities seized over US$3 million in rare Pokemon and Magic: The Gathering cards and about US$31 million in cryptocurrency.

Sentencing set for February 16, 2027

Spalletta faces up to 20 years in prison with sentencing scheduled for February 16, 2027.

In short

Jonathan Spalletta was found guilty of stealing nearly $55 million in cryptocurrency from Uranium Finance in 2021, with sentencing set for February 16, 2027.

Read the original on The Straits Times

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