7 May 2026
The biggest hacker of 2026 couldn t hold the profits
The exploiter behind the massive Kelp DAO hack saw his 123M rsETH position on Aave get liquidated after AAVE manually adjusted the oracle price for rsETH.
According to reports, another position tied to the attacker was also liquidated on Arbitrum.
But here s the twist: the hacker likely doesn t care. The borrowed funds backed by the stolen ETH had already been moved and laundered long before the liquidation happened.
Arbitrum freezes funds.
AAVE changes oracle prices manually.
And people still call this decentralization.
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