KelpDAO attacker converts almost all 75,700 ETH into BTC via THORChain, generating $800M in volume
The attacker behind the KelpDAO incident has converted nearly all of its 75,700 ETH stash—valued at about $175 million—into BTC over roughly a day and a half. Most of the cross-chain swaps were routed through THORChain. The outsized transactions drove around $800 million in volume and generated roughly $910,000 in fee revenue for the platform. Source:
