Arbitrum Freezes $71 Million in ETH Linked to Kelp DAO Hacker

The Arbitrum network has successfully frozen 30,765 ETH, valued at approximately $71.05 million, linked to the perpetrator of the Kelp DAO exploit.

This action represents a critical juncture in the ongoing investigation into the Kelp DAO security breach and demonstrates the evolving capabilities of layer-2 networks in combating sophisticated crypto theft.