NFT whale attack funds move again

Arkham has flagged the first movement of stolen funds since March 6, 2026. Nearly $1 million in DAI was transferred from the “sillytuna-theft-24m” wallet cluster to a new address, with ongoing laundering activity through swaps and cross-chain bridges such as Mayan Finance.

The incident originates from a violent “wrench attack” on Ethereum NFT whale Sillytuna on March 4. The attackers used physical assault, kidnapping threats, and coercion to force the victim to drain his wallets, stealing a total of $23.6 million in aEthUSDC. The case combined address poisoning tactics with real-world violence, ultimately pushing the victim to exit the crypto market.

Around $7 million remains traceable across 57 addresses, primarily in DAI and BTC. The case highlights the growing trend of physical crypto robberies — with more than 60 incidents reported in 2025 — while also underscoring blockchain’s role in asset recovery. Sillytuna has offered a 10% bounty and is working with law enforcement, leveraging tools like Arkham to potentially freeze and recover the stolen funds.