- US government wallet received 76.56 ETH from Coinbase.
- ETH linked to Uranium Finance hack in April 2021.
- Funds are part of a $31M DeFi seizure in February 2025.
In a continued crackdown on decentralized finance ( DeFi ) crime, a US government-linked wallet has received 76.56 ETH (valued at approximately $332,000) from Coinbase, one of the leading crypto exchanges. This Ethereum transfer is reportedly tied to the Uranium Finance hack that occurred back in April 2021.
Ethereum Transfer Linked to 2021 Exploit
Uranium Finance, a DeFi project on Binance Smart Chain (BSC), was exploited in 2021, resulting in over $50 million being stolen. According to on-chain data, the recent 76.56 ETH transfer to a US government wallet can be traced back to addresses associated with that original exploit. This development suggests that authorities are still actively recovering assets from past cyberattacks.
Part of a Larger $31M Seizure Effort
This transaction is believed to be part of the $31 million seized by the US government in February 2025 from various DeFi-related hacks. The 2025 operation aimed to recover stolen crypto assets by working closely with exchanges like Coinbase and blockchain analysis firms. The latest ETH transfer indicates that law enforcement continues to follow the money trail, even years after the original hacks.
Recovering crypto from DeFi exploits is often a complex task due to the anonymous and borderless nature of blockchain networks. However, with better forensic tools and regulatory cooperation, the US government is showing increasing success in tracking and reclaiming stolen funds.
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