Gnosis Chain Executes Hard Fork to Recover $9.4 Million in Frozen Funds
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 23 2025- Fund Recovery Action: Gnosis Chain successfully executed a hard fork on December 22, 2025, recovering approximately $9.4 million in funds frozen due to the November 2025 Balancer V2 exploit, thereby ensuring user fund security and enhancing user trust.
- Governance Controversy: The hard fork sparked intense community debate over blockchain immutability and governance authority, with some members arguing that this move could impact future governance frameworks, emphasizing the need for strict rules to prevent misuse.
- Technical Rescue Mission: Philippe Schommers, head of infrastructure at Gnosis Chain, stated that the hard fork was aimed at ensuring user fund recovery before Christmas, and despite governance challenges, the team remains committed to protecting user interests.
- Sense of Security Responsibility: Some community members believe this action reflects Gnosis Chain's commitment to security and user accountability, although concerns about future interventions persist, prompting calls for a clearer governance framework to uphold the core values of blockchain.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
