Jonathan Spalletta Convicted For Defrauding Crypto Exchange Of Over $50 Million In Hacks

Source: United States Department of Justice Criminal Division

United States Attorney for the Southern District of New York, Jamie McDonald, announced the conviction by jury of JONATHAN SPALLETTA, a/k/a “Cthulhon,” a/k/a “Jspalletta,” for computer fraud and money laundering in connection with his hacks of the decentralized cryptocurrency exchange Uranium Finance (“Uranium”).  SPALLETTA was convicted on all counts of the Indictment following a six day jury trial before U.S. District Judge Jed S. Rakoff.