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Attorney Intervenes in Arbitrum DAO Discussions, Seeking Compensation for Victims of Decades-Old North Korean Terrorist Acts
A lawyer has appeared in the Arbitrum DAO forum, informing delegates that they cannot release 30,765 ETH frozen after the recent rsETH exploit into a recovery effort. The attorney, Charles Gerstein, represents victims of North Korean terrorism and has filed a restraining notice under New York law on behalf of three sets of judgment creditors with approximately $877 million in claims against the D…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forum to Claim Frozen Funds for Victims of North Korean Terrorist Acts
A lawyer has appeared in the Arbitrum DAO forums, informing delegates that they cannot release 30,765 ETH frozen after the rsETH exploit, as it is being claimed by victims of North Korean terrorism. The frozen ether was stolen from restaked ETH holders during the April 19 Kelp DAO bridge exploit. The claim is based on a New York restraining notice, which could block Arbitrum from releasing the fu…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forum to Secure Funds for Victims of Decades-Old North Korean Terrorist Acts
Arbitrum delegates are deliberating on the release of 30,765 ETH, frozen after the rsETH exploit, as part of a coordinated recovery effort. However, a lawyer representing victims of North Korean terrorism has intervened, stating that the release cannot proceed. The frozen ether was stolen from holders of restaked ETH during the April 19 Kelp DAO bridge exploit, which was reported as the largest D…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forum to Claim Frozen Funds for Victims of North Korean Terrorist Acts
A lawyer representing victims of North Korean terrorism has intervened in the Arbitrum DAO forum, arguing that 30,765 ETH frozen after the rsETH exploit should be allocated to satisfy decades-old judgments against North Korea. The claimants, who have won cases related to the 1972 Lod Airport massacre, the abduction and killing of Reverend Kim Dong Shik, and the 2006 Israel-Hezbollah war, have bee…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forums to Secure Funds for Victims of Decades-Old North Korean Terrorist Acts
A lawyer representing victims of North Korean terrorism has intervened in the Arbitrum DAO forums, informing delegates that they cannot release 30,765 ETH frozen after the recent rsETH exploit into a recovery effort. The frozen ether was stolen from restaked ETH holders during the April 19 Kelp DAO bridge exploit, reportedly the largest DeFi hack of 2026. The lawyer, Charles Gerstein, filed a res…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forum to Claim Frozen ETH for Victims of Decades-Old North Korean Terrorist Acts
A lawyer representing victims of North Korean terrorism has intervened in the Arbitrum DAO forum, asserting that the release of 30,765 ETH frozen after the rsETH exploit should be blocked, as it could be used to satisfy decades-old judgments against the Democratic People's Republic of Korea. The claims stem from various incidents, including the 1972 Lod Airport massacre and the 2006 Israel-Hezbol…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Pursues Frozen Funds on Arbitrum for Victims of North Korea's Decades-Old Terrorist Acts
Arbitrum delegates are deliberating on releasing 30,765 ETH frozen after the rsETH exploit, but a lawyer representing victims of North Korean terrorism has intervened, stating they cannot do so. The frozen ether was stolen from restaked ETH holders during the Kelp DAO bridge exploit, reported as the largest DeFi hack of 2026. A governance post by attorney Charles Gerstein serves as a restraining …
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forums to Claim Funds for Victims of North Korean Terrorist Acts
Arbitrum delegates are deliberating on the release of 30,765 ETH frozen after the rsETH exploit, but a lawyer for victims of North Korean terrorism has intervened, claiming the funds should go towards satisfying decades-old judgments against the Democratic People's Republic of Korea. The lawyer, Charles Gerstein, has filed a restraining notice under New York law on behalf of three sets of judgmen…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Forums to Claim Frozen Funds for Victims of North Korean Terrorist Acts
Delegates of Arbitrum are currently deliberating whether to release 30,765 ETH, which was frozen following last month's rsETH exploit, into a coordinated recovery effort. However, a lawyer representing victims of North Korean terrorism has intervened, stating that this cannot be done. The frozen ether was initially drained from restaked ETH holders during the April 19 Kelp DAO bridge exploit, whi…
May 4, 2026, 11:53 a.m.
Markets
Lawyer Intervenes in Arbitrum DAO Discussions, Seeking Compensation for Victims of North Korean Terrorist Acts
Arbitrum delegates are currently deliberating on whether to release 30,765 ETH frozen following the rsETH exploit into a coordinated recovery effort. However, a lawyer representing victims of North Korean terrorism has intervened, stating that the release cannot proceed. The ETH in question was stolen from restaked ETH holders during the April 19 Kelp DAO bridge exploit, which was previously repo…
May 4, 2026, 11:53 a.m.