Apr 30, 2026
Arbitrum Security Council Member Slams Circle Over Inaction on North Korea Hack Funds
DeFiAave. DeFiArbitrum Security CouncilCircle USDCDAO Security FundGriff GreenKelp DAO HackNorth Korea Crypto HackTether
TLDR: Arbitrum nine-of-twelve Security Council used emergency powers to freeze $72M in stolen Kelp DAO funds. Griff Green accused Circle of prioritizing profits over action, calling it “clearly not full of good men.” Tether actively froze North Korean hacker wallets, contrasting sharply with Circle’s reported inaction on stolen funds. Green proposed community-led USDC sell-offs as [...]
The post Arbitrum Security Council Member Slams Circle Over Inaction on North Korea Hack Funds appeared first on Blockonomi.
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