New US Govt Seizure Raises Hope for Uranium Finance Victims

• A U.S. government wallet received $332K ETH from Coinbase linked to Uranium Finance hack.
• The wallet now holds over $34 million in crypto assets after multiple seizures.
• The 2021 exploit drained $52M but in February, a $31M recovery was announced.

A U.S. government crypto wallet for assets seized in the Uranium Finance exploit has received an additional $332,000 in Ethereum. The inflow comes months after officials said they recovered $31 million assets in connection with the 2021 hack.

Analytics platform Arkham showed 76.56 ETH moving from a Coinbase hot wallet to the government address labeled “Uranium Finance Hacker Seized Funds”. The transfer occurred yesterday evening.

Total Seized Wallet Balance Now Over $34 Million

With the latest inflow, the wallet’s Ethereum holdings are now at 1,358 ETH worth around $5.83 million. Including other seized tokens, the address now carries a total value of $34.68 million. This suggests that law enforcement agencies are combining assets collected in different phases of the investigation. 

The 2021 Uranium Finance Hack Explained

Uranium Finance, a copy of Uniswap built on Binance Smart Chain, was hacked in April 2021 after a coding vulnerability was discovered in its pair contracts. The flaw enabled the attacker to drain over $52 million in tokens, placing the incident among the largest DeFi hacks at the time. 

In February 2025, nearly four years after the exploit, U.S. prosecutors disclosed that they had seized roughly $31 million in stolen assets. The announcement marked one of the most successful recoveries in the DeFi sector. It shows the capability of law enforcement to follow crypto transactions despite obfuscation attempts.

Investigators revealed that the Uranium hacker relied on methods such as Tornado Cash mixing, splitting transactions into smaller deposits, and even buying collectibles to launder funds. These tactics delayed, but did not prevent authorities from tracing the flow of money.

This successful recovery is part of a broader federal crackdown, as seen in other cases where the US Puts a $6 Million Bounty on Heads of Russian Crypto Exchange Garantex.

What’s Next for the Victims?

The Uranium Finance platform has remained closed following the hack with investors stranded without compensation. For years, hopes of restitution seemed slim. 

However, the recovery of tens of millions in stolen assets has raised expectations that victims could one day see reimbursements. Although no official compensation framework has been outlined, the gradual build-up of seized funds in government wallets hints at possible future repayment efforts.