2 days ago
Court Blocks Arbitrum DAO from Releasing $71 Million in Hacked Ethereum
RegulationAave RecoveryArbitrum DAODeFi governanceEthereum FreezeKelpDAO HackLazarus GroupNorth Korea SanctionsSDNY Court Order
TLDR: A US court froze $71M in ETH recovered from the KelpDAO hack, blocking Arbitrum DAO from distributing funds. North Korea terror creditors secured a garnishment order, linking the stolen ETH directly to the Lazarus Group. Arbitrum’s Security Council seizure brought the assets into US jurisdiction, enabling the court to intervene fast. Aave’s recovery coalition, [...]
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