KelpDAO Exploiter Moves 75,701 ETH to Mainnet, Begins Routing $175M to Bitcoin
Key Takeaways: Peckshield also noted that less than 0.768 ETH for gas remains in the original exploiter address, meaning the wallet has largely cleared out. Layerzero attributed the original KelpDAO attack to North Korea’s Lazarus Group and its Trader Traitor subunit, citing onchain and operational tactics consistent with prior state-sponsored campaigns. Wu Blockchain data shows the KelpDAO hack has pushed total DeFi losses above $600 million over the past three weeks, as the broader ecosystem’s total value locked fell 25% to $82.4 billion.About Author
