Arbitrum approves $71 Million ETH release despite U.S. seizure fight

May 9, 2026 - 02:45
Arbitrum approves $71 Million ETH release despite U.S. seizure fight
Arbitrum delegates approved the release of $71 million in ether frozen after last month’s Lazarus-linked rsETH exploit, setting up a direct clash between decentralized governance and an active U.S. court fight over who owns the funds. The on-chain vote, which closed Friday afternoon Hong Kong time with more than 90% support, authorizes the release of...

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0