Arbitrum Freezes $100M+ in ETH Linked to KelpDAO Exploit

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Arbitrum freezes 30,000 ETH linked to the KelpDAO exploit. 
The funds were moved to secure the frozen wallet to block the attackers’ access.
LayerZero blames the platform’s single-verifier setup. 

The Arbitrum Security Council has stepped in with emergency measures after the recent KelpDAO exploit. The platform has reportedly frozen more than 30,000 Ether tokens linked to the attacker on Arbitrum One. The council is now moving in coordination with law enforcement to secure the funds. The platform also ensured that no users or applications on the network were impacted.
Arbitrum Council Takes Emergency Action in KelpDAO Exploit
According to an X post earlier today, the Arbitrum Security Council has taken action after identifying the funds linked to the KelpDAO exploit. The council announced the freezing of 30,766 ETH linked to the hacker, focusing on protecting users and maintaining trust in the network. The X post stated,

“After significant technical diligence

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