By : Kamina Bashir
Publisher : beincrypto
Date : March 5, 2026

Crypto Holder Loses $24 Million in Address Poisoning Attack Tied to Violent Threats

A crypto holder identified as Sillytuna lost approximately $24 million in aEthUSDC after an address poisoning attack, with the incident also involving violent threats.

According to on-chain data, the attacker has already converted most of the stolen funds.

Why it matters:

  • An address poisoning attack is a crypto scam in which scammers create a lookalike address and send a small transaction to the target’s address book. 
  • This “poisons” the target’s address book, leading them to mistakenly send funds to the scammer’s address instead of the intended recipient. 
  • It relies on the fact that people may copy wallet addresses from recent transactions rather than verify the full address.
  • The attack on Sillytuna is part of a broader escalating pattern. According to blockchain security firm CertiK, 2025 was the most violent year in the cryptocurrency space, with 72 recorded incidents.

The details:

  • PeckShieldAlert identified the exploited address as 0xd2e8…ca41, linked to Sillytuna, with approximately $24 million in aEthUSDC drained.
  • Sillytuna confirmed on X that the attack involved violence, weapons, and kidnapping threats, with police now involved.
  • Lookonchain tracked the attacker converting most funds into 20.34M DAI (DAI), with a smaller portion bridged to Arbitrum and deposited into Hyperliquid to purchase Monero (XMR).
  • Sillytuna is offering a 10% bounty on any funds recovered by individuals or platforms.

The big picture:

  • Physical violence against crypto holders surged 75% year over year in 2025. Kidnapping was the most common attack method, with assaults also rising sharply.
  • XMR purchases by attackers indicate a deliberate pivot to privacy coins to obstruct on-chain tracing and asset recovery efforts.

The post Crypto Holder Loses $24 Million in Address Poisoning Attack Tied to Violent Threats appeared first on BeInCrypto.

Read more

Latest News

FATF Flags Peer-to-Peer Stablecoin...
By Vismaya V
Publisher : decrypt
Date : March 5, 2026
Bitcoin holds above $72,000 as cry...
By Oliver Knight
Publisher : coindesk
Date : March 5, 2026
Openpayd’s Lux Thiagarajah: ‘Decen...
By Terence Zimwara
Publisher : news
Date : March 5, 2026
Trump-backed American Bitcoin boar...
By Will Canny
Publisher : coindesk
Date : March 5, 2026
Andreessen Horowitz crypto arm sai...
By Olivier Acuna
Publisher : coindesk
Date : March 5, 2026