Arbitrum Security Council has not transferred approximately $30.45 million in stolen funds from Binance.

Arbitrum's Security Council froze roughly $30.45 million in assets stolen from Binance on Arbitrum One—8,425 ETH and 74,559,805.2 ARB—by executing an atomic upgrade of the Inbox contract on Ethereum (block 26,301,886) that added a sendUnsignedTransactionOverride function, allowing two forged cross-chain transactions with empty signatures to move funds from the attacker's wallet to a DAO-controlled address (0x...0DA0) without the attacker's private keys. The action, taken about 2.5 hours after the attacker consolidated the funds on October 30, required 9 of 12 elected council member signatures and represents the entire Binance haul on that chain, roughly 0.48% of Binance's ~$6.3 billion total loss impact. The FBI attributed the hack to North Korean group TraderTraitor on October 31. The frozen assets now await an ArbitrumDAO vote for release, following the April precedent where 30,765.67 ETH (~$71 million) from the KelpDAO exploit was eventually transferred to Aave for rsETH holder compensation after a Manhattan federal court modified a restriction order amid claims from families holding North Korean terrorism judgment. Watch the Arbitrum governance forum proposal discussion on November 4 at 00:00 Beijing time, and whether a release proposal emerges—no such proposal existed as of November 3.