Can governance stop a state-sponsored hacker? We’re finding out in real-time.

Update on the $292M Kelp DAO Exploit:
❄️ The Win: Arbitrum successfully froze $70M+ in stolen ETH via emergency vote.
🔥 The Loss: The attacker still moved 75,000 ETH into the "dark" using non-KYC privacy protocols.

#KelpDAOExploitFreeze