Jun 1, 2026
EnglishEDITIONS: EN

CBC News

CBC English News Edition
Crypto

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

EditorialTranslation: EN
Briefing

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

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.