Arbitrum froze over 30,000 ETH after the KelpDAO hack and sparked a debate about decentralization


After the KelpDAO hack, the Arbitrum Security Council froze over 30,000 ETH worth approximately $71 million to prevent withdrawals. The decision was made by 12 elected token holders of the council, who transferred the attacker’s assets to a zero address. The measure sparked controversy: supporters call it a necessary safeguard, while critics argue that the fate of the funds depends on the decision of a small group of people.
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EMR16
· 36m ago
Pay close attention 🔍
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