Uranium Finance Hacker Convicted Over $50M Crypto Theft

The conviction is a rare instance of a DeFi exploit ending in criminal accountability rather than an untraced on-chain exit, which matters for how such cases are perceived as prosecutable. The spending choices are the telling detail: the stolen crypto was converted into collectibles, not held as crypto, underscoring how fiat-side purchases create the paper trail that on-chain obfuscation does not. Whether this outcome changes the calculus for DeFi exploiters, or is treated as a one-off, is the open question.