The security crisis in the cryptocurrency market is deepening. While earlier allegations of a potential attack exceeding $100 million on KelpDAO’s liquid staking token surfaced, recent developments suggest the attack may be on a much larger scale.

According to on-chain data, one user had over $280 million in assets stolen from various DeFi protocols operating on Ethereum and Arbitrum. The addresses used in the attack were found to have been funded through Tornado Cash, a privacy-focus