The Arbitrum Security Council just released an emergency announcement: they took decisive action to rescue 30,766 ETH — currently worth around $71 million — that a hacker had sitting in an Arbitrum One address. Surprisingly, quite a few KOLs immediately started bashing the move. Many of them treat the idea of decentralization like an unfalsifiable religion in the algorithm age — a sacred belief that can never be questioned or updated, no matter the real-world situation.