KelpDAO Hacker Completes Laundering of 220 Million Dollars in Stolen Funds Through 'Tornado Cash'
According to a report by Cointelegraph, the hacker who stole 293 million dollars from the KelpDAO hack has virtually completed laundering the funds. Excluding a
What to know
- According to a report by Cointelegraph, the hacker who stole 293 million dollars from the KelpDAO hack has virtually completed laundering the funds. Excluding a
Advertisement reserved · article_top_billboard
728x90 · CLS RESERVED
According to a report by Cointelegraph, the hacker who stole 293 million dollars from the KelpDAO hack has virtually completed laundering the funds. Excluding a portion frozen on Arbitrum (ARB), the remaining 220 million dollars was entirely laundered through Tornado Cash. Consequently, the possibility of recovering the stolen funds appears slim. Meanwhile, the 71 million dollars frozen on Arbitrum has been transferred to an Aave multi-sig wallet and is currently awaiting future disposition by the court.