# Arbitrum Council Moved Binance-Linked Funds Without the Wallet’s Key By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/47132 Published: 2026-11-03T01:24:10.000Z Updated: 2026-11-03T01:24:10.000Z Section: Technology > A 9-of-12 council Safe temporarily redirected the Inbox proxy. Another transfer requires an ArbitrumDAO vote. Arbitrum’s Security Council moved funds from a wallet it identified as tied to the Binance exploit without its private key, showing how the network’s upgrade controls can bypass a wallet signature. The move took place at 8:08 p.m. ET Oct. 29 (12:08 a.m. UTC Oct. 30). The council transferred 74,559,805.2 Arbitrum (ARB) and about 8,426 Ether (ETH) to a temporary holding address ending in 0DA0. The council’s 9-of-12 Safe called Ethereum’s L1 UpgradeExecutor. The executor briefly redirected the Inbox proxy to an override implementation that let Arbitrum One process messages as if they came from the targeted wallet. The original implementation was restored after the messages were submitted. Arbitrum One processed both transfers nine minutes and 45 seconds later as type 0x65 transactions with blank signature fields. They used the targeted wallet’s nonces 2 and 3. [TokenPost previously covered the Security Council’s freeze](). The Arbitrum Security Council said the assets “can only be moved by an ArbitrumDAO Governance vote, which will be coordinated with relevant parties.” ## Links in this article - [TokenPost previously covered the Security Council’s freeze](https://www.tokenpost.com/news/technology/44165)