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Security Cointelegraph

Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds

The Kelp DAO exploiter laundered about $220 million worth of remaining stolen funds in a bid to make them untraceable, excluding the $71 million frozen by Arbitrum’s Security Council.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Recovery hopes fade as Kelp DAO hacker launders nearly all $220M in stolen funds

The Kelp DAO exploiter laundered about $220 million worth of remaining stolen funds in a bid to make them untraceable, excluding the $71 million frozen by Arbitrum’s Security Council.

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This maps to the Security Incidents hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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