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Arbitrum freezes $71 million in ETH linked to Kelp DAO exploit

In response to the Kelp DAO exploit, the Arbitrum Security Council has frozen 30,766 ETH, approximately $71 million, held in an Arbitrum One address associated with the attack. This action aims to prevent the stolen funds from being moved without further governance approval.

Key points

  • Arbitrum Security Council freezes $71 million in ETH linked to Kelp DAO exploit.

Sources

AI-generated from public news sources. Not financial advice.

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