🚨 $70M ETH FROZEN 🚨
KelpDAO exploited, 30,766 $ETH seized.
Arbitrum Council acted swiftly—9/12 voted to lock the attacker out. Law enforcement involved.
No user funds affected, but…
If 9 people can freeze $70M, how decentralized is this really?
L2 security holds, but centralization concerns loom.
We bid $ETH. 🧐