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TRX Arbitrum council moved $30 million of Binance hack funds without hacker's key
CoinDesk reports that a 12-person Arbitrum council briefly rewrote one of Arbitrum's core contracts to spend from an address it held no key for, then restored the code. The post states the amount was $30 million of Binance hack funds and that this was the second time this year.
Why “Unverified”
- Reported by CoinDesk alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 60/100. How labels work
What the sources claim
-
A 12-person Arbitrum committee temporarily rewrote a core contract to move funds from an address it had no key for, then reverted the code.
“A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back.”
CoinDesk -
The funds involved were $30 million tied to the Binance hack.
“Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key”
CoinDesk -
This was the second such action this year.
“It’s the second time this year.”
CoinDesk
Sources
More in Hacks & Security
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-03 05:30 UTC. Labels are computed from the sources, not by the model.