- Safety advice Arbitum confiscated 30,766 ETH associated with a KelpDAO attacker.
- The blocking stopped the leakage of some of the stolen funds, but the damage to DeFi generally remains the same.
Arbitum froze 30,766 ETH, worth approximately $71 million, after it was discovered that the funds had been stolen in the KelpDAO hack.
On Tuesday, the team posted on social media Arbitum reportedthat its Security Council used emergency powers to freeze funds held at the address Arbitum One related to the attack.
Safety advice Arbitum took emergency measures to freeze 30,766 ETH stored at the address Arbitum One, which is linked to the KelpDAO exploit. The Security Council acted with the assistance of law enforcement agencies, who identified the perpetrator, throughout the investigation, it wrote. ARTICLES Arbitum.
В Arbitum They added that the decision was made with the participation of law enforcement agencies and the frozen assets were moved without harming other users or the network as a whole.
As of April 20th at 23:26 PM ET, the funds were successfully transferred to an interim frozen wallet. They are no longer accessible at the address they were originally transferred to and can only be moved by management. Arbitum, which will be agreed upon with the relevant parties, – stated в Arbitum.
Previously edited Happy Coin News WroteIn a coordinated operation, the attacker stole 116,500 ETH, worth approximately $293 million, through the KelpDAO bridge. The criminal sent the coins to the Aave platform and borrowed Ethereum using the stolen digital assets as collateral, thereby exhausting the supply of coins available for borrowing.
Of course, freezing of funds Arbitum did not fix all the damage from the Kelp exploit DAO, but this still did not allow the attacker to immediately use a large amount of ETH.
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