Arbitrum Security Council Freezes 30,766 ETH from KelpDAO Hacker

04/21 03:50

On April 21, the Arbitrum Security Council announced that it has taken emergency action to rescue 30,766 ETH stored in an Arbitrum One address related to the KelpDAO exploit. With the assistance of law enforcement, the Security Council identified the attacker and ensured that the safety and integrity of the Arbitrum community were maintained without impacting any Arbitrum users or applications. After extensive technical investigation and review, the Security Council determined and executed a technical solution to transfer the funds to a secure location without affecting the state of any other chains or Arbitrum users. As of 11:26 PM Eastern Time on April 20, the funds have been successfully transferred to an interim frozen wallet. The original address holding the funds can no longer access them, and only the Arbitrum governance body can take further action to transfer these funds, which will be coordinated with the relevant parties.
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