Crypto OG Loses $24M In Suspected Address Poisoning Attack – PeckShield

A prominent crypto participant and NFT collector known as sillytuna has reportedly lost approximately $24 million worth of aETHUSDC due to a suspected address poisoning attack. The incident, first flagged by blockchain security firm PeckShield, involved a large token transfer from a wallet associated with sillytuna to another address.

Details of the Attack

On-chain records indicate that the compromised wallet transferred 23,596,293 aEthUSDC, valued at around $23.5 million, in a single transaction. PeckShield suggests the attacker employed an address-poisoning technique. Subsequently, the attacker converted approximately $20 million of the stolen assets into DAI and distributed these funds across two intermediary wallets, each holding around $10 million in DAI.

Further monitoring revealed that the attacker began bridging small portions of the funds to the Arbitrum network. One transaction involved sending about 49.85 ETH, which resulted in over 106,000 USDC appearing on Arbitrum via a cross-chain bridge. Security researchers anticipate the attacker may continue moving funds in smaller amounts to evade detection.

Victim's Account of Real-World Threats

Following the public disclosure of the attack, sillytuna confirmed the compromised wallet was his personal address and disclosed that the theft was accompanied by severe real-world threats. In a statement, the victim detailed that the incident involved violence, weapons, kidnapping, and rape threats. Law enforcement authorities have been engaged to investigate the matter.

The veteran crypto participant expressed his intention to completely exit the crypto industry due to the traumatic experience. Despite the significant financial loss, sillytuna conveyed gratitude for escaping the situation without serious physical harm.

"$24 million dollar theft of AUSD from 0x6fe0fab2164d8e0d03ad6a628e2af78624060322. Involved violence, weapons, kidnapp and rape threats. Obvs police involved. Please pass on to all those who trace such things. And now… definitely out of crypto. ****ers. Still have limbs,…"

Bounty Offered for Recovery

In an effort to recover the stolen assets, the NFT collector has publicly offered a 10% bounty to anyone who can assist in the recovery of the funds. This offer extends to individuals, investigators, and even parties involved in the incident who facilitate the return of the assets.