U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack

U.S. authorities have seized about $31 million in crypto tied to the 2021 hack of Uranium Finance, according to a Monday X post from the Southern District of New York (SDNY).
According to the post, the seizure was the result of a joint effort between SDNY and Homeland Security Investigations (HSI) in San Diego. A spokesperson for SDNY did not return CoinDesk’s request for comment before press time, and no further details about the seizure or any related investigation were immediately available.
Uranium Finance was essentially a clone of automated market maker (AMM) Uniswap deployed on Binance’s BNB chain (then called Binance Smart Chain). In April 2021, a hacker exploited a bug in Uranium’s pair contracts to steal $50 million in various tokens. At the time of the incident, the Uranium Finance hack was one of the largest monetary exploits in decentralized finance (DeFi) history.