[Kelp DAO Cross-Chain Bridge Hacker Has Laundered Nearly $220 Million in Stolen Funds, Only $1.7 Million Remains Unmoved] According to The Defiant, approximately $220 million in unfrozen funds from the Kelp DAO cross-chain bridge attack has been almost entirely laundered by the hacker. On-chain analysis by Arkham Intelligence shows that only about $1.7 million remains in the original attacker’s wallet. The hacker is linked to North Korea and previously carried out a $292 million cross-chain bridge attack targeting LayerZero in April. The funds were transferred using privacy tools such as THORChain, Wasabi, Tornado Cash, and Umbra. Approximately $71 million in Ethereum frozen by the Arbitrum Security Council on April 20 is currently the only recoverable portion. A report released by LayerZero on May 18 attributed the attack to North Korea’s TraderTraitor group.