American law firm applies to block transfer of Kelp attack frozen ETH, involving compensation amount exceeding $870 million

ME News Report, May 4th (UTC+8), U.S. law firm Gerstein Harrow LLP filed a restraining order with the court, attempting to prevent Arbitrum DAO from transferring Ethereum assets frozen in connection with the Kelp attack. The law firm claims that its client has obtained default judgments in three cases against North Korea, totaling approximately $877 million in damages (including punitive damages and interest), and asserts a claim to the related assets. Previously, on April 18th, Kelp DAO was attacked, losing about $292 million, which is believed to be linked to North Korean hacker group Lazarus Group. Subsequently, the Arbitrum Security Council urgently froze approximately 30,766 Ether (about $73 million). The incident has sparked controversy. Some community members believe that if the restraining order takes effect, it will delay the return of funds to affected users and shift North Korea-related debts onto secondary victims. Earlier, Aave Labs proposed unfreezing the funds and injecting a compensation fund to restore the damaged assets. Notably, Gerstein Harrow has previously filed claims multiple times against assets stolen by North Korean hackers and frozen by crypto platforms, including the 2023 Heco Bridge incident. Industry analysts believe this case could set a precedent for DAO asset disposal and cross-jurisdictional claims rights. (Source: ChainCatcher)