Almost all of the nearly $220 million in stolen funds have been laundered, with Kelp DAO cross-chain bridge hacker wallet holding just $1.7 million
2026-06-02 01:07
Odaily Planet Daily News According to Arkham monitoring, the hacker has almost completely cleaned out the approximately $220 million in unfrozen funds from the Kelp DAO cross-chain bridge attack, leaving only about $1.7 million in the attacker's original wallet. The hacker is linked to North Korea and previously launched a $292 million cross-chain bridge attack targeting LayerZero in April. The funds were moved using privacy tools such as THORChain, Wasabi, Tornado Cash, and Umbra. On April 20, the Arbitrum Security Council froze approximately $71 million in ETH, currently the only recoverable portion. LayerZero released a report on May 18, attributing the attack to the North Korean TraderTraitor group.
