Arbitrum Secures $71 Million in Ether Linked to Kelp DAO Exploit
A significant portion of the Kelp DAO funds is now frozen. Arbitrum's Security Council took action on Monday, securing approximately $71 million worth of ETH, roughly 30,766 coins, linked to the $292 million rsETH exploit that occurred on Saturday. The frozen funds, associated with the KelpDAO incident, have been transferred to an intermediary wallet, accessible only through additional governance…
April 21, 2026, 5:55 a.m.