KelpDAO hackers are laundering millions in stolen crypto, data show
CoinDesk
Hackers behind the $290 million KelpDAO exploit are laundering stolen funds using privacy protocols and cross-chain bridging tools.Summary
Data from on-chain analyst ZachXBT and Arkham Intelligence reveals that attackers behind the $290 million KelpDAO breach have begun laundering stolen assets. Approximately $175 million was recently moved on the Ethereum blockchain, with additional funds bridged to Bitcoin via Thorchain and obscured through the Umbra privacy protocol. The activity suggests the perpetrators are in the early stages of layering their illicit gains across multiple blockchains. Meanwhile, the Arbitrum network has frozen $71 million in linked ether, potentially accelerating the hackers' efforts to disperse the remaining capital amid growing concerns over DeFi sector security.
(Source：CoinDesk)