ZachXBT reported that the Arbitrum Security Council executed a freeze of about $30.5M tied to the Binance exploit, naming exploiter address 0x3E2b…1454 and transaction 0xb69c…355d6 (post).

ZachXBT reported that the Arbitrum Security Council executed a freeze of about $30.5M tied to the Binance exploit, naming exploiter address 0x3E2b…1454 and transaction 0xb69c…355d6 (post).

The cited hash is an Ethereum transaction at 00:08:35 UTC on Oct 30, from Arbitrum Deployer 0x1059…55DC to Arbitrum L1 Security Council 9 0xF06E…23F85, confirmed with 11 logs (receipt). Arkham labels the destination a Gnosis Safe multisig and the wallet a Binance Hacker address.

Arbitrum said the Council took emergency action to rescue 74,559,805 ARB and 8,425 ETH held at that address on Arbitrum One, moving funds to an intermediary frozen wallet without affecting other users (announcement). On chain the address shows receipt of 74,559,805.2 ARB then a transfer of the same amount to the burn-style address 0x00…00da0, plus 8,425.99 ETH sent there, leaving dust balances of about $4.41 on Arbitrum and $8.34 on Ethereum.

The wider exploit context reported alongside includes Tether freezing $971M USDT and Circle freezing $823M USDC, and other exploiter selling of WBTC and UNI (Rickler Feed, Rickler Feed). The destination of the rescued ARB and ETH beyond the intermediary frozen wallet is not named in the sources read.