SECURITYCOINTELEGRAPH
Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
The wallet associated with the Kelp DAO exploit laundered nearly all 75,700 ETH ($175 million) through THORchain, while $71 million remains frozen by Arbitrum’s security council. The incident highlights vulnerabilities in decentralized finance protocols and ongoing efforts to recover stolen assets.