legal matter

Pokémon Collector Convicted in Major Crypto Hack and Money Laundering Case

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A Manhattan federal jury convicted Jonathan Spalletta over the Uranium Finance theft case, which involved crypto taken from the protocol in 2021. Different accounts put the amount at about $55 million, $54.7 million, or $53.3 million, and one report says sentencing is set for Feb. 16, 2027.

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Key claims & sources

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The case involved the 2021 theft of about $55 million from the now-shuttered protocol.
New York Jury Convicts Uranium Finance Theft Suspect in $55M Case
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Sentencing is scheduled for Feb. 16, 2027.
New York Jury Convicts Uranium Finance Theft Suspect in $55M Case
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A Manhattan federal jury convicted Jonathan Spalletta of computer fraud and money laundering in the Uranium Finance case.
Pokémon Collector Convicted in Major Crypto Hack and Money Laundering Case
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One account says prosecutors showed that $26 million moved through Tornado Cash between April 2021 and November 2023 and was used to buy rare Pokémon and Magic: The Gathering cards, plus historical artifacts.
Pokémon Collector Convicted in Major Crypto Hack and Money Laundering Case
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One report says the laundering count carries a maximum sentence of 20 years.
Uranium Finance hacker convicted over $55 million theft, faces 20 years
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Another report says Spalletta spent stolen crypto on a Roman coin linked to Julius Caesar's assassination and on moon-flown Wright brothers fabric.
Uranium Finance Hacker Who Bought Pokémon and Magic Cards Convicted Over $50M…

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market
first headline
+0.5% 2 h before
-0.2% 4 h after
$2.9Tmarket cap at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

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Oct 7 20:01
+29 min
Oct 7 20:30
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Oct 7 21:00
+15 h 36 m
Oct 8 11:37