Maryland cybersecurity consultant goes on trial for $55M crypto theft
- Published
A federal trial over an alleged $55 million crypto theft opened in Maryland on September 29, 2026, involving cybersecurity consultant Jonathan Spalletta. The case centers on claims tied to Uranium Finance exploits, Tornado Cash transfers, and purchases of Pokémon cards and other collectibles.
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What it means
In practice, the case shows that alleged blockchain activity, including transfers through Tornado Cash and purchases of collectibles, is being presented in a federal criminal case. That means the conduct described in the March 30, 2026 indictment is no longer just a set of transaction allegations in a filing; it is now part of trial proceedings in Maryland. What remains the same is that the charges are allegations, not a finding of guilt.
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Coverage timeline
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Crypto Briefing
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Bitcoinist
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