Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts
Families of North Korean terrorism victims served Arbitrum DAO a restraining notice, claiming 30,765 ETH frozen after the rsETH exploit belongs to North Korea via alleged Lazarus Group links. The move blocks fund release for DeFi victims, citing $877 million in unpaid judgments against Pyongyang. Arbitrum delegates face choosing between compensating recent hacking victims or satisfying decades-old terrorism claims.
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Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
Payward completed its $550 million acquisition of Bitnomial, securing a full CFTC-regulated derivatives stack for U.S. operations. The deal grants Kraken futures broker, exchange, and clearinghouse licenses, eliminating reliance on third-party venues. Spot margin trading launches first on Kraken and NinjaTrader, with perpetuals and options following. This positions Payward competitively as U.S. crypto firms race to bring derivatives onshore.
Trump-affiliated World Liberty sues Justin Sun for 'defamation' after Tron creator's lawsuit
World Liberty Financial, Trump's crypto venture, sued Tron creator Justin Sun for defamation in Florida court, alleging short-selling and token manipulation. Sun previously sued World Liberty over frozen WLFI tokens. World Liberty claims Sun hired influencers spreading false information about the freeze, causing business losses. The dispute centers on $300 million in alleged coordinated selling during WLFI's launch.