Crypto Trader Loses $24M in Violent Attack

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The post Crypto Trader Loses $24M in Violent Attack appeared first on Coinpedia Fintech News

A crypto trader known as Sillytuna was reportedly violently extorted, resulting in the theft of about $23.6 million in aEthUSDC from his wallet. Blockchain tracking shows the attacker quickly converted most of the stolen funds into around $20.34 million in DAI, while a smaller portion was bridged to Arbitrum and later moved to Hyperliquid. The funds were reportedly used to purchase Monero (XMR), a privacy-focused cryptocurrency, making the stolen assets harder to trace.