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BlockBeats News, April 21st, the Arbitrum Security Council announced that it has taken emergency action to rescue 30,766 ETH stored in the Arbitrum One address associated with the KelpDAO vulnerability. With the assistance of law enforcement, the Security Council has identified the attacker's identity and has consistently ensured that the safety and integrity of the Arbitrum community are maintained, without impacting any Arbitrum users or applications.
After extensive technical investigation and review, the Security Council has identified and implemented a technical solution to move the funds to a secure location without affecting any other chain state or Arbitrum users. As of 11:26 PM Eastern Time on April 20th, the funds have been successfully transferred to an interim frozen wallet. The original wallet holding the funds is now inaccessible, and only the Arbitrum custodians can take further action to transfer these funds, a process that will be conducted in coordination with all relevant parties.
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