U.S. Government Wallet Linked to Uranium Finance Hack Receives Additional Ethereum

Yolowire
Today at 4:14pm UTC

A U.S. government-affiliated %Crypto wallet tracked to a 2021 Uranium Finance hack has received another transfer of %Ethereum (CRYPTO: $ETH), reflecting the ongoing consolidation of digital assets from one of the largest decentralized finance (%DeFi) hacks.

%Blockchain data from Arkham confirmed that 76.56 ETH, valued at approximately $332,000, was transferred from a %Coinbase (NASDAQ: $COIN) hot wallet into the government address labeled "Uranium Finance Hacker Seized Funds." The transfer was completed on Wednesday evening.

With this new influx, the wallet has had an Ethereum value of 1,358 ETH, or roughly $5.83 million. With the addition of other tokens acquired in the past, the worth of assets in the wallet now amounts to approximately $34.68 million.

The accumulation of funds indicates that law enforcement has been slowly consolidating assets obtained at previous stages of the case. In February 2025, the U.S. prosecutors announced that $31 million of the stolen assets related to the 2021 Uranium Finance hack were successfully confiscated. The new transfer contributes to that number, strengthening the long-term government recovery effort.

Background on the Uranium Finance Exploit

Uranium Finance, a decentralized exchange similar to Uniswap, which uses Binance Smart Chain, was exploited in April 2021. A vulnerability in its pair contracts meant that attackers could steal over $52 million in tokens. The amount stolen made the event one of the most devastating DeFi breaches of its time.

The investigators revealed that the hacker used a variety of laundering strategies, namely transaction splitting, mixing in Tornado Cash, and even buying digital collectibles. Such actions slowed down the process of tracking, but could not bar asset tracing by American authorities.

The Uranium Finance platform was closed soon after the attack, making investors incapable of reclaiming the stolen money. The likelihood of restitution was unknown over the years. But the accumulation of property, which has fallen into government possession, has likewise led to a gradual rise in hope that compensation, time may be undertaken.

No formal repayment protocol has been made known. Nonetheless, the availability of tens of millions in recovered funds does allow a basis for future operations. The Uranium case also falls under the larger U.S. crackdown on illegal crypto operations, with other enforcement actions including a $6 million bounty on executives of Russian exchange Garantex.

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COMTEX_468205952/2848/2025-08-21T11:14:33