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Arbitrum Moves Toward $71M ETH Unlock Following Kelp DAO Attack

Arbitrum Moves Toward $71M ETH Unlock Following Kelp DAO Attack

2026-05-02

ArbitrumThe Arbitrum DAO has begun voting on a proposal to release 30,766 ETH tied to the Kelp DAO exploit. Early results show strong support. The funds are valued at about $71 million and were frozen after the incident. Within the first hour, about 16.9 million ARB tokens backed the plan. No votes were cast against […]

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