₱544.7B
₱2.7B
₱0.89405
₱0.871455
Han Kim and Yong Kim, relatives of a South Korean minister abducted by North Korean agents in 2000, served a restraining order Friday freezing ₱4.38 billion ($71 million) in crypto that Aave recovered from the Kelp DAO hack. The Kims hold a ₱20.36 billion ($330 million) federal judgment against North Korea from 2015 and claim the stolen assets belong to the regime.
A phantom message exploited LayerZero infrastructure to release 116,500 rsETH without removing corresponding tokens from Unichain, according to blockchain researcher Stacy Muur. The stolen tokens were dumped on Aave, where attackers borrowed regular funds against the fake collateral, creating massive bad debt and sparking panic withdrawals.
After the April 1 Drift exploit, attackers routed ₱13.9 billion ($232 million) in USDC from Solana to Ethereum using Circle's Cross-Chain Transfer Protocol. Circle published a formal response on April 10 defending its refusal to freeze the stolen funds, citing legal constraints.
Tether froze ₱2.22 billion ($37 million) tied to Iran's central bank in 2025, exposing the country's vulnerability to censorship. Bitcoin Policy Institute analyst Sam Lyman argues Iran's plan to collect Bitcoin tolls from ships lacks the technical infrastructure to execute at scale.
Circle CEO Allaire defended his company's legal constraints in responding to the ₱16.84 billion ($280 million) Drift exploit, saying Circle only freezes funds when law obligates it to do so.