Key Takeaways: Arbitrum’s Security Council froze 30,766 ETH worth roughly 70 million from the KelpDAO exploiter on April 21. Peckshield flagged the exploiter had initiated a native bridge withdrawal before the Security Council acted. The 30,766 ether now sits in a protocol-controlled address; its final disposition has not been announced. Arbitrum Acts Fast as KelpDAO Exploiter Attempts to Bridge Stolen Funds The Arbitrum Security Council identified the exploiter’s holdings on Arbitrum One and moved the 30,766 ether to the protocol-controlled address 0x0000000000000000000000000000000000000DA0, as per CertiK Alert. Image source: X The KelpDAO exploit drained approximately 292 million from the protocol via …