US law firm attempts to block transfer of frozen ETH from Kelp exploit
Cointelegraph
Gerstein Harrow LLP filed a restraining notice to block the movement of frozen Ethereum funds linked to the North Korea-affiliated Kelp exploit.Summary
The US law firm Gerstein Harrow LLP has secured a restraining notice to prevent the Arbitrum DAO from transferring approximately $73 million in frozen Ethereum (ETH) linked to the Kelp DAO exploit. The firm claims these funds belong to its clients, who hold default judgments against North Korea totaling over $877 million for past damages, arguing that the North Korean-linked Lazarus Group is responsible for the hack. This action complicates recovery efforts for Kelp exploit victims, as the funds were originally intended for a compensation pool. Critics argue that this legal move unfairly shifts the burden of North Korea's debt onto the victims of the hack.
(Source：Cointelegraph)