POPA ReconArbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected…
Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit The Arbitrum Security Council stepped in. They coordinated with law enforcement, who confirmed the exploiter’s identity as DPRK actors. After “significant technical diligence,” they transferred the 30,766 ETH out of the attacker’s wallet and into a new intermediary frozen wallet they control. The Security Council has these emergency powers precisely for situations like this (time-sensitive security threats After the transfer, t…
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