According to CoinDesk, on April 21, the Arbitrum Security Council announced it had taken emergency action to rescue 30,766 ETH stored at an Arbitrum One address linked to the KelpDAO vulnerability. With assistance from law enforcement, the Security Council identified the attacker and ensured no Arbitrum users or applications were affected, always prioritizing the security and integrity of the Arbitrum community. After extensive technical investigation and deliberation, the Security Council determined and executed a technical solution to transfer the funds to a secure location without impacting any other chain state or Arbitrum users. As of 11:26 PM Eastern Time on April 20, the funds were successfully moved to an intermediate frozen wallet. The original address can no longer access these funds; only Arbitrum governance authorities may initiate further transfers, which will be coordinated with relevant parties.
Arbitrum Security Council Freezes 30,766 ETH from KelpDAO Hacker
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Summary
On April 21, 2026, the Arbitrum Security Council executed enforcement actions, freezing 30,766 ETH linked to a KelpDAO exploit. With support from law enforcement and CFT measures, the attacker was identified, and the funds were transferred to a secure intermediate wallet. The original address can no longer access these funds. Next steps will be coordinated with relevant stakeholders.
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