Jury Convicts Uranium Finance Hacker Who Spent Crypto Loot on Pokemon Cards

Crypto Insight Summary: A Manhattan federal jury convicted cybersecurity consultant Jonathan Spalletta on Wednesday of computer fraud and money laundering over the 2021 Uranium Finance attacks. Inner City Press, reporting from the courthouse, said jurors returned guilty verdicts on both counts after beginning deliberations Tuesday afternoon. Prosecutors accused Spalletta of draining roughly $53.3 million, laundering millions through Tornado […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Individual hacker conviction has limited market-wide implications.