March 7, 2026

Sillytuna loses $23.6M in violent extortion, attacker converts funds to DAI

Sillytuna loses $23.6M in violent extortion, attacker converts funds to DAI

Sillytuna was violently extorted and had $23.6 million worth of aEthUSDC stolen, a significant incident in the cryptocurrency space. The attacker has already converted most of the stolen funds into $20.34 million in DAI, while a portion is being bridged to Arbitrum for further trades. This incident combines the use of on-chain address poisoning with serious off-chain threats, including violence, highlighting the ongoing risks associated with cryptocurrency transactions and the vulnerabilities exploited by attackers. Monitoring services like PeckShield and Arkham have been tracking the situation in real-time as part of their efforts to address such security concerns.

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