Man charged in $54 million crypto hacks

A Maryland man, Jonathan Spalletta, faces federal charges for allegedly orchestrating two hacks against Uranium Finance, a decentralized cryptocurrency exchange, starting in 2021. Prosecutors claim Spalletta stole millions in crypto, using the funds for various purchases, including a piece of the Wright brothers' airplane. He is charged with computer fraud and money laundering, potentially facing up to 30 years in prison. U.S. Attorney Jay Clayton emphasized that stealing cryptocurrency is akin to traditional theft, regardless of the digital nature of the assets.