Arbitrum DAO voters back releasing $71M frozen ETH from Kelp DAO exploit in recovery plan vote

Over 90% of Arbitrum DAO voters supported a proposal to release 30,765 ETH (about $71 million) frozen after the Kelp DAO exploit. The ETH would be moved to a multisig wallet managed by Aave Labs, Kelp DAO, Certora, and EtherFi as part of a recovery effort. Legal claims from U.S. plaintiffs linked to North Korea's Lazarus Group complicate the release, but the proposal includes indemnification protections. Despite this, a $174.5 million shortfall remains to fully cover losses from the exploit, with several DeFi protocols pledging additional ETH to help restore funds.