🚨 BREAKING: Arbitrum just froze 30,766 ETH linked to the KelpDAO exploit
This wasn't your typical smart contract pause or frontend block.
Arbitrum intervened at the L2 infrastructure level — directly through their bridge and message flow system.
What this means:
• Protocol-level control exists when needed
• L2s can act fast in emergencies
• Centralization debate incoming
The funds are locked. Now watch the community debate whether this was necessary protection or a red flag for decentralization.
Your L2 isn't as permissionless as you thought. 👀