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      New York Jury Convicts Uranium Finance Hacker, Facing Up to 20 Years in Prison

      PANews reported on October 8, citing Bloomberg, that after just over two hours of deliberation, a New York jury convicted cybersecurity consultant Jonathan Spalletta. Prosecutors accused him of carrying out two attacks on the cryptocurrency exchange Uranium Finance in 2021; after roughly $55 million in assets was drained from the platform, the exchange immediately ceased operations. Spalletta faces up to 20 years in prison on money laundering charges related to his use of crypto mixing services such as Tornado Cash. U.S. District Judge Jed Rakoff set the sentencing date for February 16 next year.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud