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ZachXBT: The attack funds related to KelpDAO have started to cross-chain to the Bitcoin network

2026-04-21 16:24:42

On-chain investigator ZachXBT updated that the funds related to the KelpDAO attack have begun to be transferred, with approximately $1.5 million being cross-chain transferred from the Ethereum mainnet to the Bitcoin network via Thorchain, and another approximately $78,000 being transferred through Umbra.

The initial source of funds for the related attack addresses came from Tornado Cash, and the money laundering and cross-chain transfers are still ongoing.

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