Arbitrum Security Council Blocks KelpDAO Hacker From 30,766 ETH
BeInCrypto
The Arbitrum Security Council successfully froze 30,766 ETH stolen during the KelpDAO exploit, moving the funds to a secure, governance-controlled wallet.Summary
The Arbitrum Security Council has intervened in the aftermath of a major DeFi exploit targeting KelpDAO, which saw roughly $292 million drained in April 2026. By coordinating with law enforcement, the Council successfully transferred 30,766 ETH connected to the hacker into a secure intermediary wallet that can only be unlocked via future governance action. This emergency measure, carried out by the 12-member Security Council, ensures the stolen funds remain inaccessible to the attacker while investigators determine the next steps for recovery.
(Source：BeInCrypto)