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U.S. Seizes $31 Million Funds Drained from Crypto Exchange

U.S. law enforcement recovered $31 million in cryptocurrency linked to the 2021 Uranium Finance exploit, one of the largest DeFi seizures. The Southern District of New York and Homeland Security led the operation, tracing illicit funds through advanced blockchain intelligence. The exploit, caused by a coding error, resulted in a $50 million theft and highlighted security vulnerabilities in decentralized finance protocols.

Source: cybersecuritynews.com –

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