April 18: a hacker stole 292M from kelp dao
April 21: Arbitrum intercepted 71M, froze it to reimburse the victims
May 1: a court in New York blocked everything; American creditors of North Korea say the 71M belongs to them because the hacker is Lazarus, thus North Korean, so the funds are North Korean
DeFi united, they said.
Arbitrum Live Price data
Arbitrum ARB Price History USD
Own ARB Now
Buy and sell ARB easily and securely on BitMart.Arbitrum X Insight
Aave LLC has filed an emergency motion to vacate a restraining notice served on Arbitrum DAO on May 1, 2026 that attempts to seize approximately $71 million in ETH belonging to victims of the April 18 exploit.
A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this. Those assets were recovered to be returned to users victimized in the April 18, 2026 exploit. Freezing them harms the very people this recovery effort is designed to protect.
We’ve asked the court for an expedited hearing and a temporary vacatur, and we are continuing to work alongside the Arbitrum community and DeFi United to make affected users whole.
I have high conviction that Arbitrum is directly opposing the best interests of Ethereum and DeFi. They must release the stolen funds back to the rightful owners ASAP.
Aave LLC has filed an emergency motion to vacate a restraining notice served on Arbitrum DAO on May 1, 2026 that attempts to seize approximately $71 million in ETH belonging to victims of the April 18 exploit.
A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this. Those assets were recovered to be returned to users victimized in the April 18, 2026 exploit. Freezing them harms the very people this recovery effort is designed to protect.
We’ve asked the court for an expedited hearing and a temporary vacatur, and we are continuing to work alongside the Arbitrum community and DeFi United to make affected users whole.
Arbitrum 30K ETH release may potentially be blocked
Find out the details:
https://t.co/yl3NWTyMaD
