Arbitrum Security Council Emergency Freeze of 30,766 ETH Related to KelpDAO Vulnerability

According to an official Arbitrum announcement, the Arbitrum Security Council took emergency action at 11:26 PM ET on April 20, successfully freezing and transferring 30,766 ETH held at addresses associated with the KelpDAO vulnerability. This operation was conducted with assistance from law enforcement agencies, and the funds have been moved to an intermediate frozen wallet—rendering the original addresses unable to access the funds. The subsequent disposition of these funds will be coordinated by the Arbitrum governance mechanism in collaboration with relevant stakeholders. The Security Council stated that the entire operation had no impact whatsoever on any other on-chain state or Arbitrum users.