According to The Defiant, on-chain tracking data shows that the Kelp DAO cross-chain bridge hacker (confirmed to be a North Korean hacking organization TraderTraitor) has laundered approximately $220 million in unfrozen funds through privacy channels such as THORChain, Wasabi, Tornado Cash, and Umbra. Currently, only about $1.7 million remains in their initial hacking wallet, indicating that the window for individual asset tracing and direct recovery of the unfrozen portion has essentially closed.

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TokenomicsTailor
· 4h ago
North Korean hackers are now quite professional in their methods, using multi-channel combined laundering.
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SpiralCandlestickCollecting
· 5h ago
Just restore the window closure, and victims can only accept defeat? What about the insurance mechanism?
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LiquidityLibrarian
· 5h ago
Umbra, a niche tool, is also being used, and hackers are doing quite thorough research.
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TheMoonReflectsOnTheTranquil
· 5h ago
1.7 million vs 220 million, the recovery rate is less than 1%, it's tragic
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OrderCancellerAfterTheRain
· 5h ago
The Kelp DAO case is likely to become a classic cautionary example of cross-chain security failures.
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CheckTheBlockchainBefore
· 5h ago
The unfrozen portion is basically unrecoverable; the security model of cross-chain bridges needs to be reconsidered.
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