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US Authorities Seize $31M in Crypto Tied to Uranium Finance Hack

  • US authorities have seized approximately $31 million linked to the 2021 Uranium Finance hack.
  • The hack exploited a vulnerability in Uranium Finance's smart contracts, resulting in a theft of around $50 million in various cryptocurrencies.
  • The attacker laundered the stolen funds, but law enforcement managed to recover a significant portion of the funds.
  • This seizure comes as cryptocurrency-related cybercrimes continue to rise, with North Korea's cybercriminal operations being a significant contributor.

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