Arbitrum Security Council Freezes KelpDAO Hacker's 30,766 ETH

BlockBeats News, April 21st, the Arbitrum Security Council announced that it has taken emergency action to rescue 30,766 ETH stored in the Arbitrum One address associated with the KelpDAO exploit. With the assistance of law enforcement, the Security Council has identified the attacker's identity and has consistently ensured that the security and integrity of the Arbitrum community are maintained, with no impact on any Arbitrum users or applications.

After extensive technical investigation and review, the Security Council has identified and executed a technical solution to transfer the funds to a secure location without affecting any other chain state or Arbitrum users. As of 11:26 PM Eastern Time on April 20th, the funds have been successfully moved to an intermediary frozen wallet. The original address holding the funds is now unable to access them, and only the Arbitrum custodians can take further action to transfer these funds, a process that will be coordinated with all relevant parties.