Arbitrum Freeze Sparks $175 Million Laundering Frenzy on Ethereum
The attacker behind the $292 million KelpDAO exploit has begun laundering roughly 75,700 ETH, value about $175 million, on Ethereum after the Arbitrum Security Council froze 30,766 ETH on Arbitrum One. The freeze seems to have rattled the hacker into accelerating fund actions on the Ethereum mainnet. Hacker Accelerates ETH Transfers Through UmbraCash On-chain analyst…