KelpDAO Accelerates Post-Hack Response, Says User Protection Remains Top Priority

BlockBeats reported that on April 23, KelpDAO said in an official update that its team has spent the past several days working with partners, allies and the community to address issues related to the recent exploit. The project said talks are moving in a constructive direction and it is accelerating efforts to reach an appropriate resolution. KelpDAO reiterated that "users first" remains its guiding principle, and that follow-up measures will be rolled out in stages with the aim of protecting users' overall interests. Over the last four days, the Kelp team said it has been operating around the clock and coordinating closely with multiple parties, achieving progress across several potential resolution options. Among the developments cited were steps by the Arbitrum Security Council to freeze the stolen funds and the participation of SEAL 911 in the preliminary investigation, which KelpDAO said has provided objective and clear analytical support for understanding the incident. KelpDAO added that its immediate priorities are safeguarding user assets and strengthening the protocol. It described the incident as significant not only for the project but also as a learning opportunity for the broader industry. The team said it will continue to share updates through official channels and thanked ecosystem partners and the community for their continued support. Earlier reports said the KelpDAO hacker has largely laundered $175 million in ETH into BTC.