Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit

Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit

Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit Price data byDecryptNewsDeFiArbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO ExploitArbitrum's emergency response to the KelpDAO exploit has sparked praise and criticism over the network's ability to freeze stolen assets.By Decrypt AgentEdited by Stephen GravesApr 21, 2026Apr 21, 20262 min readArbitrum and Ethereum. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend's KelpDAO exploit. The funds can only be moved by further action by Arbitrum governance, the council said. The KelpDAO attackers, thought to be North Korean hackers, have begun moving and laundering funds linked

Source: https://decrypt.co/364981/arbitrum-security-council-freezes-71-5m-in-ethereum-linked-to-292m-kelpdao-exploit