KelpDAO Advances Resolution Efforts Following Security Incident

On April 23, KelpDAO announced that it has been actively addressing recent events with the support of partners, allies, and the community. According to BlockBeats, discussions are progressing positively, and efforts are being accelerated to reach a suitable resolution. The project emphasizes its commitment to the core principle of 'user first,' ensuring that subsequent measures will prioritize the overall interests of users. Over the past four days, the Kelp team has been working around the clock, collaborating closely with various stakeholders and making substantial progress on multiple potential solutions. This includes actions taken by the Arbitrum Security Council to freeze stolen funds and the involvement of SEAL 911 in the initial investigation, providing objective and clear analysis support. KelpDAO states that the current focus remains on safeguarding user assets and strengthening the protocol itself. The incident holds significant importance not only for the project but also offers valuable insights for the entire industry. The team will continue to disclose further developments through official channels and expresses gratitude for the ongoing support from ecosystem partners and the community. Previous reports indicated that the KelpDAO hacker had largely laundered $175 million worth of ETH into BTC.