Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts
Airfind news item
By Sam Reynolds
Published on May 4, 2026.
Arbitrum delegates are debating whether to release 30,765 ETH frozen after the recent rsETH exploit, but a lawyer for victims of North Korean terrorism has intervened. The lawyer, Charles Gerstein, served a restraining notice under New York law on behalf of three sets of judgment creditors holding roughly $877 million in claims against the Democratic People's Republic of Korea. The claims date back to the 1972 Lod Airport massacre and the 2006 Israel-Hezbollah war. Gerstein argues that because U.S. authorities have linked the Lazarus Group, the hacking unit responsible for the exploit, to the North Korean state, these funds are considered North Korean property under U.K. enforcement law. If the court accepts Gerstein's framing, the families with unpaid judgments would have a senior legal claim on those funds. However, some delegates argue that the funds belong to the original rsETH depositors and that the proposed recovery effort is not a redistribution but a return of assets to their rightful owners.
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