Kelp DAO Hacker Launders $220M, Leaving Only Frozen Assets Within Reach

TLDR: The Kelp DAO Hacker moved nearly $220 million through privacy tools, limiting direct recovery efforts. Only about $1.7 million remains in original wallets after extensive cross-chain laundering activity. Arbitrum’s frozen 30,766 ETH worth $71 million remains the largest recoverable asset pool. Investigators linked the exploit to TraderTraitor, a DPRK-backed group tied to Lazarus operations. [...]

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