"ZachXBT named Gerstein Harrow LLP for filing fake DPRK claims to seize $71M in frozen KelpDAO funds, directly harming the actual victims of recent exploits."
"The strategy rests on a 2015 U.S. court judgment from the Han Kim et al. case against North Korea, which has no direct connection to the current hack."
"Gerstein Harrow LLP has stepped in to argue that the frozen funds should be redirected to satisfy the 2015 judgment, placing its clients ahead of the actual 2026 hack victims."
"ZachXBT described the firm as a predatory U.S. law firm with a strategy that is pure evil, highlighting the unethical nature of their claims."
ZachXBT has accused Gerstein Harrow LLP of filing fraudulent claims to seize $71 million in frozen KelpDAO funds connected to the Lazarus Group. The firm is leveraging a 2015 U.S. court judgment unrelated to the current hack. The Lazarus Group has stolen over $6 billion since 2017 and is responsible for 76% of all crypto hack losses in 2026. ZachXBT proposed a community DAO to legally counter the firm, as recovery for actual victims remains blocked.
Read at news.bitcoin.com
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