DeFiBearishBlockonomi · 3h ago7/10
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Kelp DAO Hacker Launders $220M, Leaving Only Frozen Assets Within Reach
The Kelp DAO hacker successfully laundered approximately $220 million through privacy tools and cross-chain bridges, significantly reducing recovery prospects. While Arbitrum's frozen 30,766 ETH ($71 million) remains the largest recoverable asset, investigators have linked the exploit to TraderTraitor, a North Korean-backed threat group affiliated with Lazarus.
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