May 8, 2026·Bearish·critical issue

Arbitrum DAO Backs $71M ETH Release Amid Lazarus Concerns

The Arbitrum DAO has expressed support for the potential release of $71 million in frozen Ethereum. This decision received over 90% approval from the DAO members. However, the situation is complicated by allegations linking these funds to the Lazarus Group.

Detected & updated continuously · Source: Nebula

Mentioned

Arbitrum (arb)

Lazarus Group (LAZ)

Sources

@Moonminner

$71M in frozen ETH potentially being released after 90%+ Arbitrum DAO support sounds like progress… but the Lazarus allegations make this way more complicated 👀 Recovery should matter, but security concerns can’t be ignored. #Arbitrum #ETH #BingX https://t.co/vHe2YqDgyb