Bearish
Arbitrum freezes $71.2M ETH linked to Kelp Protocol hack
Arbitrum's security council has frozen 30,766 ETH, approximately $71.2 million, traced to an address associated with the recent Kelp Protocol exploit. This action follows the Kelp Protocol's hack, where attackers drained at least $293 million. The frozen funds are now inaccessible to the original wallet holder.
Key points
- Arbitrum freezes $71.2M ETH linked to Kelp Protocol hack
Sources
AI-generated from public news sources. Not financial advice.