Millions in Stolen Cryptocurrency Being Laundered by KelpDAO Hackers, Data Reveals
Following the KelpDAO exploit, in which $290 million was stolen, the perpetrators are now initiating the process of laundering their illicitly obtained funds, as indicated by on-chain analyst ZachXBT and data from Arkham. On Tuesday, during European hours, Arkham detected two transactions totaling $117 million and $58 million on the Ethereum blockchain, originating from the wallet controlling the…
April 21, 2026, 9:12 a.m.