POPA ReconKelp DAO Hackers Laundered Nearly All $220M in Unfrozen Funds
Kelp DAO Hackers Laundered Nearly All $220M in Unfrozen Funds The actors, identified as North Korean group TraderTraitor, used multiple privacy-focused protocols and services to obscure transaction flows and reduce traceability. The funds were moved through THORChain, Wasabi Wallet, Tornado Cash, and Umbra. Only $1.7M of $220M remains in wallets directly associated with the attackers. Kelp has recovered about 116,000 rsETH by migrating to Chainlink CCIP and through the DeFi United initiative, while the Aave Safety Module absorbed about $190 million in bad debt. 👉 thedefiant.io/news/hacks/…
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