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U.S. Government Wallet Receives Ethereum Linked to 2021 Uranium Finance Hack

21.08.2025 20:30 2 min. read Kosta Gushterov
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U.S. Government Wallet Receives Ethereum Linked to 2021 Uranium Finance Hack

According to monitoring platform On Chainlens, an official wallet tied to U.S. authorities received 76.56 ETH (about $332,000) from Coinbase earlier today.

The transfer appears to be part of an ongoing effort to consolidate digital assets seized from the Uranium Finance exploit.

$332,000 in ETH moved from Coinbase

According to monitoring platform On Chainlens, an official wallet tied to U.S. authorities received 76.56 ETH (about $332,000) from Coinbase earlier today. The transfer appears to be part of an ongoing effort to consolidate digital assets seized from the Uranium Finance exploit.

The protocol, a DeFi project built on Binance Smart Chain, was hacked in April 2021, with attackers draining tens of millions of dollars. Even after several years, authorities are still piecing together the funds that were stolen.

Recovery efforts span years

Earlier this year, U.S. officials announced the successful seizure of $31 million in assets connected to the exploit. The latest Ethereum transfer is considered another step in that recovery process, underscoring how authorities continue to trace and reclaim funds years after the original incident.
While the most recent ETH haul seems small relative to the scale of the hack, analysts note that such movements demonstrate persistence in tracking down compromised tokens across exchanges. Coinbase has reportedly assisted in facilitating the return of these funds.

Current holdings of the U.S. wallet

Blockchain records show the government-controlled address now holds 1,358 ETH, valued at roughly $5.83 million at current prices. In addition to Ethereum, the wallet also contains a variety of other digital assets.

Combined, the balance across the wallet – labeled “Funds Compromised by Uranium Finance Hacker” – sits at approximately $34.71 million, the bulk of which comes from altcoins. This makes the address one of the more closely watched government-controlled wallets on Ethereum.

Significance for crypto markets

The latest movement highlights both the challenges and the progress in recovering assets from DeFi exploits. Unlike traditional finance, stolen crypto can often remain visible on-chain indefinitely, allowing authorities to act years later when stolen funds resurface on centralized exchanges.
Although modest in scale, the transaction reinforces the message that law enforcement continues to close in on old cases. For market observers, the transfer is another reminder that even years after a hack, the blockchain leaves a trail that can be followed.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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