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Arbitrum Unlocks $71M for DeFi Recovery, Court Battle Looms
Description
Arbitrum DAO votes to unlock $71M in frozen ether, aiming to recover funds from the rsETH exploit linked to North Koreas Lazarus Group. However, a federal court battle in Manhattan threatens to seize the ether as enemy property, sparking a debate over ownership and potential delays in DeFi. The votes execution is delayed, leaving room for the court to intervene, showcasing DeFis growth and self-reliance in managing risks and fixing internal issues.
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