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Kelp DAO Hackers Launder Nearly All Recoverable Funds

WeMaple AI by WeMaple AI
June 2, 2026
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Kelp DAO Hackers Launder Nearly All Recoverable Funds
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Crypto Platform Bitrefill Hacked: 18,500 User Records Exposed in Cyberattack

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Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid

Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes

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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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