North Korea's Hacker National Team Lazarus 1/ Hacked Kelp DAO, swiped $292M worth of rsETH 2/ Didn't dump it, directly deposited into Aave as collateral, borrowed $190M clean ETH 3/ Within 48 hours, Aave's TVL evaporated by $8B, marking the first real DeFi bank run 4/ Arbitrum Security Council froze $71M, the only money recovered 5/ The remaining $175M was funneled through Thorchain, casually paying $494K in protocol fees as a toll 6/ Converted to BTC, broken into thousands of UTXO fragments across countless addresses 7/ Bridged to Tron, swapped into USDT 8/ OTC traders took over, consolidated the funds, settled via UnionPay, bypassing SWIFT and sanctions 9/ Money landed in Pyongyang, directly feeding the national treasury 7 days, 9 protocols, fully transparent on-chain No one could stop it