Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 02, 2026 04:24
🚨 Kelp DAO hackers (North Korean group TraderTraitor) have laundered nearly all $220M in unfrozen funds through THORChain, Wasabi, Tornado Cash, and Umbra. Only ~$1.7M remains traceable — the recovery window is effectively closed. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The diversification beyond Ethereum-native mixers into THORChain marks a critical escalation. For DeFi traders, this reinforces that bridge risk remains severely underpriced relative to the attack surface. State-sponsored actors are getting more sophisticated at cross-chain laundering, making future recoveries even harder. This is a bearish signal for bridge token holders and a reminder that the H1 2026 exploit wave (Radiant, Wormhole, Kelp) shows no signs of slowing. ETH exposure to bridge infrastructure risk is worth monitoring — further contagion from the Kelp exploit could pressure DeFi TVL. --source: https://x.com/WuBlockchain/status/2061662229850886564 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))
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