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Crypto trader loses $24M after armed attackers steal assets in violent assault

Market News
08 May 2026
Crypto Economy
View Source
Bearish
Crypto trader loses $24M after armed attackers steal assets in violent assault

A crypto trader known as Sillytuna was violently assaulted and held captive by armed attackers who stole $24 million worth of cryptocurrency assets. The stolen funds were then moved across multiple blockchain networks including Ethereum, Arbitrum, Hyperliquid, and Bitcoin. This incident highlights the ongoing risks of physical security threats in the crypto trading community and the challenges in tracking stolen digital assets across different platforms. Authorities and the crypto community may increase efforts to improve safety and recovery mechanisms for such crimes.

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