A recent court filing has revealed that a U.S. law firm has served an order to the Arbitrum DAO, seeking to seize its frozen funds previously associated with the Lazarus Group hackers. This move is reportedly intended to enforce a 2015 judgment against North Korea. The order complicates existing plans by Arbitrum to return approximately 30,766 ETH (valued at around $71 million) to victims of the Kelp attack. On-chain investigator ZachXBT has criticized the law firm's actions as "predatory," alleging that they leverage the investigative work of blockchain security personnel. ZachXBT further stated that the firm claims these funds, frozen due to North Korean hacking activities, should be seized under the pretext of unrelated decades-old North Korean cases, thereby attempting to appropriate assets designated for victims of crypto-related incidents.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-05-02 03:54:56 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-05-02 03:54:56 UTCEvent JSON
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"content": "A recent court filing has revealed that a U.S. law firm has served an order to the Arbitrum DAO, seeking to seize its frozen funds previously associated with the Lazarus Group hackers. This move is reportedly intended to enforce a 2015 judgment against North Korea. The order complicates existing plans by Arbitrum to return approximately 30,766 ETH (valued at around $71 million) to victims of the Kelp attack. On-chain investigator ZachXBT has criticized the law firm's actions as \"predatory,\" alleging that they leverage the investigative work of blockchain security personnel. ZachXBT further stated that the firm claims these funds, frozen due to North Korean hacking activities, should be seized under the pretext of unrelated decades-old North Korean cases, thereby attempting to appropriate assets designated for victims of crypto-related incidents.\n\n#crypto #blockchain #news ",
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}