Arbitrum council moved stolen Binance funds, but returning them needs a vote
Arbitrum's Security Council used a temporary contract upgrade to move cryptocurrency tied to the Binance hack, blocking the attacker from relocating those assets. Returning the funds now requires a separate governance vote rather than the emergency action itself. Traders watching ARB and BNB should note the precedent of a council-level intervention, though the outcome for the stolen funds remains undecided.
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2H AGOYou’re reading thisArbitrum council moved stolen Binance funds, but returning them needs a votecrypto.news · Score 55
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15H AGOUnchained · Score 62 · via Council, Arbitrum Security