Arbitrum Security Council freezes 30,000 ETH, sparking decentralization controversy

The Arbitrum Security Council has frozen 30,000 ETH related to the KelpDAO vulnerability, preventing the stolen funds from being transferred. This move demonstrates that small electoral groups can intervene to lock funds in emergency situations, but it has also sparked discussions about the boundaries of decentralization and governance power. According to Arbitrum insiders, this authority is both transparent and necessary, and they believe it represents a trade-off between the purity of decentralization and the ability to respond to security threats.