KelpDAO exploit funds moved into Bitcoin via THORChain, analyst says

Some proceeds from the KelpDAO attack have been laundered into Bitcoin. Analyst Specter reported that an attacker-linked address routed funds to the Bitcoin network through THORChain, lifting the protocol's daily transaction volume to about $211 million, roughly 10 times its 30-day average. Around 442 BTC (about $33 million) is now spread across multiple wallets, with more than 400 addresses used in the transfers. Part of the flow appears commingled with funds tied to earlier North Korea-related attacks.