Arbitrum Security Council Takes Emergency Action to Transfer Binance-Related Stolen Funds to an Intermediary Frozen Wallet The Arbitrum Security Council announced that it has taken emergency action to rescue 74,559,805 ARB and 8,425 ETH held in an address on Arbitrum One…
entified as connected to the Binance exploit. The Security Council acted after weighing its commitment to the security and integrity of the Arbitrum community and Arbitrum governance, without impacting any Arbitrum users or applications
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move the funds to safety without affecting any other chain state or other Arbitrum users. As of October 30, 2026, the funds have been successfully transferred to an intermediary frozen wallet. The funds are no longer accessible to the address that originally held them and can only be moved by further action of the Security Council or a vote of Arbitrum DAO governance, which will be coordinated with relevant parties. — link