KelpDAO Hacker Moving Funds: Attacker Transfers $175M to New Addresses
Contents
April 21, 2026
at
2:55 pm
EST
MIN READ
The suspected Lazarus Group hackers behind the $292 million Kelp DAO are on the move, transferring 76K ETH (worth $175M) on-chain to new addresses.
The stolen funds have been sent to the following new addresses - click on each of them to explore each address on Arkham Intel.
(Note: This is a developing story, and the funds may have been moved again since this article was published.)
This shift of capital suggests the beginning of a laundering operation by the hackers. The move follows recent containment efforts on Layer 2, with Arbitrum’s Security Council successfully freezing around $71 million worth of stolen ETH linked to the attack.
You can explore the frozen ETH on Arbitrum at this address:
Now that a big chunk of the stolen funds have been frozen, the attacker is actively attempting to bridge the remaining funds into more difficult-to-track territory before further intervention.
Additionally, on-chain data also shows …
at
2:55 pm
EST
MIN READ
The suspected Lazarus Group hackers behind the $292 million Kelp DAO are on the move, transferring 76K ETH (worth $175M) on-chain to new addresses.
The stolen funds have been sent to the following new addresses - click on each of them to explore each address on Arkham Intel.
(Note: This is a developing story, and the funds may have been moved again since this article was published.)
This shift of capital suggests the beginning of a laundering operation by the hackers. The move follows recent containment efforts on Layer 2, with Arbitrum’s Security Council successfully freezing around $71 million worth of stolen ETH linked to the attack.
You can explore the frozen ETH on Arbitrum at this address:
Now that a big chunk of the stolen funds have been frozen, the attacker is actively attempting to bridge the remaining funds into more difficult-to-track territory before further intervention.
Additionally, on-chain data also shows …