Arbitrum Freezes 30K ETH Tied to Kelp Hack
Cointelegraph
Arbitrum's security council froze over $71 million in Ether linked to the recent Kelp protocol exploit following an emergency governance decision.Summary
The Arbitrum security council has frozen 30,766 Ether, valued at approximately $71.2 million, associated with a recent $293 million exploit of the liquid restaking protocol Kelp. The funds have been moved to an intermediary wallet and are currently inaccessible to the original holders. While the move aims to maintain network integrity, it has sparked debate regarding decentralization within the crypto industry. Council member Griff Green emphasized that the decision involved significant ethical and political deliberation, coordinated with input from law enforcement.
(Source：Cointelegraph)