Arbitrum Freezes 30,766 ETH Linked to the KelpDAO Attack

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Arbitrum’s Security Council froze 30,766 ETH linked to the KelpDAO attack, citing CFT measures. The funds were transferred to a controlled wallet using technical tools, following law enforcement guidance on the attacker’s identity. By 23:26 ET on April 20, the transfer was completed, and the original address is now inaccessible. Further action requires governance approval and coordination. This move aligns with heightened scrutiny on risk-on assets.

Odaily Planet Daily reports that Arbitrum has posted on X stating that the Arbitrum Security Council has taken emergency measures to freeze approximately 30,766 ETH related to the KelpDAO attack.

The committee acted based on identity information provided by law enforcement agencies and used technical means to transfer the relevant funds to an intermediate frozen wallet, resolving the matter without affecting other on-chain states or users.

As of 11:26 PM Eastern Time on April 20, the above funds have been successfully transferred, and the original address is no longer accessible. Any future use of these funds requires coordination through the Arbitrum governance process and collaboration with relevant parties.

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