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U.S. court issues an injunction against Arbitrum DAO, requiring it not to transfer approximately $71 million worth of ETH frozen from the KelpDAO hacking incident.
Deep Tide TechFlow News, May 3rd, according to documents from the Southern District of New York Federal Court, the U.S. court has issued a restraining order against Arbitrum DAO, requiring it not to transfer approximately $71 million worth of ETH assets previously frozen from the KelpDAO hacking incident.
The plaintiff attempted to use these assets to enforce unpaid judgments related to long-standing cases of terrorism, kidnapping, and other crimes against North Korea. Court documents indicate that the plaintiff has applied for alternative service methods to send legal notices to Arbitrum DAO and considers it a “partnership organization” that can be held accountable.
The court also emphasized that Arbitrum DAO has a Security Council governed by ARB holders, capable of taking action in emergency situations. Therefore, if relevant members refuse to cooperate, they may face legal consequences such as contempt of court.
Market analysts believe this case could become an important example of the U.S. judicial system directly regulating DAO governance structures, also highlighting the compliance pressures faced by DeFi protocols within the existing legal framework.