Arbitrum Security Council Freezes KelpDAO Hacker's 30,766 ETH

On April 21, the Arbitrum Security Council announced it had taken emergency action to recover 30,766 ETH from an Arbitrum One address tied to the KelpDAO exploit. With law enforcement support, the Council identified the attacker’s identity—prioritizing the security and integrity of the Arbitrum community while ensuring no impact to users or applications. After extensive technical investigation and review, the Council deployed a solution to move the funds to a secure intermediate frozen wallet without altering any other chain state or affecting users. As of 11:26 PM Eastern Time on April 20, the transfer was completed successfully. The original funds-holding address can no longer access the assets; only Arbitrum custodians may take further action to transfer the funds, a process to be coordinated with all relevant parties.