Arbitrum Security Council freezes KelpDAO hacker’s 30,766 ETH units

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ChainCatcher message: an announcement from the Arbitrum Security Council states that it has taken emergency action to rescue 30,766 ETH stored at an Arbitrum One address associated with the KelpDAO vulnerability. With the assistance of law enforcement authorities, the Security Council identified the attacker’s identity and has consistently ensured that its actions will not affect any Arbitrum users or applications, while maintaining the security and integrity of the Arbitrum community at all times.

After extensive technical investigation and deliberation, the Security Council determined and executed a technical plan to transfer the funds to a secure location without affecting any other chain states 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 these assets; only Arbitrum governance can take further action to transfer these funds, and this will be coordinated with the relevant parties.

ETH1.37%
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