DeFi1 source
Arbitrum’s Security Council Can Move a Wallet’s Funds Without Its Key, Binance Freeze Shows
Headline from Unchained
Key points
- The Arbitrum Security Council recently demonstrated its ability to move assets directly from a wallet without requiring the private key.
- On October 30, the council froze 8,426 ETH alongside 74.6 million ARB token holdings.
- A detailed walkthrough published on Ethereum Magicians on November 2 explains the precise technical process used to execute transfers in the holder's name.
Summarized automatically by Kryptokite from reporting by Unchained. Read the original sources for full detail.
Coins mentioned
Sources
- UnchainedArbitrum’s Security Council Can Move a Wallet’s Funds Without Its Key, Binance Freeze Shows · 4 hours agoRead on Unchained
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