Arbitrum Seals a Win, but the Hunt Continues 🛡️
Arbitrum has frozen 30,766 ETH worth over $70 million linked to the KelpDAO exploit, preventing roughly 29% of stolen funds from entering the laundering pipeline. However, the attacker is still moving assets across multiple chains and protocols, including Bitcoin. This high-level operational discipline hints at a sophisticated threat actor behind the scenes.
The Lazarus Group has been linked to previous crypto thefts using similar tactics. With over $176 million already laundered through various decentralized bridges, the race against time continues for blockchain investigators and law enforcement agencies.
Is the Lazarus Group involved in this operation? Share your thoughts below! 💬