Kelp DAO Hackers Launder Nearly All Recoverable Funds

Kelp DAO Hackers Launder Nearly All Recoverable Funds

Crypto Platform Bitrefill Hacked: 18,500 User Records Exposed in Cyberattack

The post Kelp DAO Hackers Launder Nearly All Recoverable Funds appeared first on Coinpedia Fintech News

Hackers linked to North Korean cyber group TraderTraitor have laundered nearly all of the roughly $220 million in unfrozen funds stolen in the Kelp DAO bridge exploit, according to on-chain tracking data. The funds were moved through privacy-focused services including THORChain, Wasabi, Tornado Cash, and Umbra, making tracing significantly more difficult. Only about $1.7 million …

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