POPA ReconArbitrum freezes 30,766 ETH tied to the KelpDAO exploit
Arbitrum freezes 30,766 ETH tied to the KelpDAO exploit This was not a standard freeze at the protocol or front-end level. In this case, the funds were stopped at the L2 infrastructure level, through an emergency intervention in Arbitrum’s bridge and message flow, a much rarer response than pausing a pool or market. What happened step by step: 1. Part of the stolen funds ended up on Arbitrum. A total of 30,766 ETH linked to the KelpDAO exploit was located on Arbitrum One. That equals roughly $71 million, or about 26% of the reported $292 million exploit. 2. This was not a typical app-level…
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