CryptoWorld News reports that, according to CoinDesk, the Arbitrum Security Council took swift action this week to freeze over 30,000 ETH related to the KelpDAO attacker, worth approximately $71 million. This emergency "freeze" is seen as a victory for user protection but has also reignited debates about decentralization. Critics argue that even in seemingly decentralized systems, ultimate control may still reside with a minority. The Arbitrum Security Council is elected by token holders every six months and is responsible for taking action in emergencies. Supporters believe this measure effectively prevents hundreds of millions of dollars from being laundered and buys time for potential fund recovery.

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