US government seizes $332.33 million in Ethereum from Uranium Finance Hack

The crypto industry has witnessed another strong move from regulators. The US government recently received 76.56 Ethereum worth around $332,000 from Coinbase. According to blockchain data, these funds are linked to the 2021 Uranium Finance Hack.

The transfer marks another step in recovering stolen digital assets, showing what progress authorities have done when using blockchain tracing tools to combat financial crime.

Still reverberating hack

The Uranium Finance Protocol was hacked in April 2021, leading to the theft of millions of dollars. A few years later, the incident continues to retain that mark. In February 2025, US authorities were able to seize $31 million related to the exploit. The recent Ethereum relocation from Coinbase is part of the recovered assets, demonstrating that recovery efforts remain active years after the original violation.

This case illustrates how blockchain works. Even if hackers hide stolen codes through many wallets, the records remain permanent. With the right tools, investigators can still track their money and link to their real accounts.

How authorities track Crypto

Recovering stolen digital assets is possible thanks to blockchain forensics. These tools allow investigators to follow complex trails of transactions across multiple wallets and exchanges. By analyzing these patterns, you can identify clusters of activities and ultimately connect them to real people.

The role of Coinbase in asset recovery

Coinbase played a key role in this recovery. As a regulated exchange under US law, it had to comply with legal orders to transfer seized funds into government-controlled wallets. This highlights how exchanges are a key partner for law enforcement in tracking and recovering stolen assets.

Actions like this will send a clear warning to the hacker. What you once thought could not be tracked is no longer safe. Because regulators have tools and partnerships to follow illegal funds and return them to legal control.

What does this mean for Crypto’s future?

This latest Ethereum recovery shows the crypto industry is maturing. The recovery of funds from Uranhak highlights two things. First, you can track and regenerate stolen assets, which will help protect investors. Second, regulations like genius behaviour show how governments prepare for a safer, transparent future for codes.

The law requires issuers to support tokens with secure assets such as the US Treasury Department. The goal is to increase transparency, reduce risk and prevent the misuse of stability in illegal activities.

This proposal illustrates a broader approach to cryptographic regulation. Authorities want to prepare the dollar to ensure stability and security and play a central role in future digital finance.

Together, these steps can make ecosystems more reliable and sustainable for long-term growth.