US court blocks Arbitrum DAO from moving $71M in frozen ETH linked to North Korea hack

A U.S. court has legally restrained Arbitrum DAO from transferring 30,766 ETH (about $71.1 million) frozen after the Kelp DAO hack, as plaintiffs link the funds to North Korea. Victims of North Korean terrorism seek to seize these assets to satisfy over $877 million in unpaid judgments. Arbitrum had frozen the funds following law enforcement input, but a governance vote to recover the assets is now complicated by the court order. The dispute arises from a $292 million exploit involving North Korean-linked hackers, highlighting ongoing legal and security challenges in crypto asset recovery.