Gerstein Harrow LLP filed a New York restraining notice and three writs of execution to prevent the Arbitrum DAO from moving 30,766 ETH (~$73M) frozen after the April 18 Kelp DAO $292M hack. The firm says its clients hold roughly $877M in default judgments against North Korea and that the stolen Ether is DPRK-linked property; the filing could delay restitution for Kelp victims. Aave Labs had proposed directing the frozen Ether to a restitution fund for rsETH holders; critics warn the restraining notice would shift DPRK’s liability onto hack victims. Gerstein Harrow has brought similar claims in other cases and currently has multiple live cases against DAOs and frozen crypto funds.

Gerstein Harrow formally filed a restraining notice and three writs to block Arbitrum DAO from moving 30,766 ETH frozen after the April 18 Kelp hack; the firm claims $877M in default judgments against North Korea and asserts the stolen Ether is DPRK-linked. The freeze concerns ~$73M in ETH and intersects with Aave Labs’ restitution proposal for rsETH holders, creating legal uncertainty that could delay victim recovery.