Law Firm Seeks Court Order to Stop Arbitrum DAO Moving 30,766 ETH

Gerstein Harrow LLP has asked the U.S. District Court for the Southern District of New York for a restraining order to bar the Arbitrum DAO from transferring 30,766 ETH—worth more than $73 million—frozen after a $292 million attack on the Kelp protocol. The firm said its clients won default judgments against North Korea in three cases filed in 2010, 2015 and 2016, seeking a combined $877 million in compensatory and punitive damages, and claims the frozen assets are tied to North Korea. Kelp DAO was attacked on April 18 by the TraderTraitor group, which is affiliated with the Lazarus Group.