$71M in $ETH secured by Arbitrum after KelpDAO exploit

After the KelpDAO hack, the Arbitrum security team took fast action to secure 30,766 $ETH on the Arbitrum One network.

The funds were taken from the affected address and placed into a locked wallet, fully cutting off the exploiter’s access.

From now on, any use or transfer of these funds will only be possible under Arbitrum’s control, working together with the involved parties.