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The Arbitrum KelpDAO thing is pretty simple to me.
North Korea hacked $292 million.
$71 million of it was sitting on Arbitrum.
The Security Council, 9 out of 12 elected members, froze it before the hacker could bridge it back to mainnet.
And now people are upset about decentralization?
Yeah, nobody should be able to touch your funds.
That's the whole point.
But we're talking about the Lazarus Group here, state-sponsored hackers and stolen funds mid-withdrawal.
This isn't some DAO freezing a competitor's treasury because they felt like it. The council didn't even decide what happens to the money; it goes to a full DAO vote now.
They hit pause, not delete.
I'd rather have governance that can act when DPRK drains a quarter billion than governance that watches it happen so we can all feel good about being decentralized.