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Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key

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Arbitrum Security Council moves $30 million in Binance hack funds without hacker's key

Arbitrum's Security Council transferred approximately $30 million in stolen Binance funds on October 30, demonstrating the council's ability to move assets without requiring the wallet holder's private key.

Nov 2, 2026·2 sourcesCrypto hacksEthereum Layer 2s & scalingCrypto securityCrypto exchangesDAOs & governanceBinance hot-wallet breachEthereumHot wallet compromiseArbitrum Security Council
Arbitrum Security Council moves $30 million in Binance hack funds without hacker's key
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Unchained

Arbitrum's Security Council Can Move a Wallet's Funds Without Its Key, Binance Freeze Shows - Unchained