Should Arbitrum Have Frozen North Korea's Funds? Griff Green vs. Gabe Shapiro

The Arbitrum Security Council just made one of the most controversial decisions in DeFi history — freezing $70M in ETH stolen by North Korean hackers from the KelpDAO bridge exploit. But was it the right move? And what does it say about the systems we're building? Griff Green (Giveth Co-Founder and Arbitrum Security Council member) and Gabe Shapiro / Lex_node (crypto lawyer, MetaLex founder, ZK Sync Guardian Council) go head-to-head on the decisions, the precedent it sets, and the hard questions the DeFi ecosystem can no longer avoid. They debate:Was freezing North Korea's funds the right call? Do Stage 1 rollups like Arbitrum have too much centralized power? How does the Arbitrum Security Council compare to PayPal, Bitcoin miners, and Ethereum validators? What would real accountability look like for security councils? What's the path to Stage 2 — and how long will it take?This is one of the most important conversations in DeFi right now. Don't miss it. 🔔

You can listen to Should Arbitrum Have Frozen North Korea's Funds? Griff Green vs. Gabe Shapiro online on Radio and Podcast. Open the player on this page to stream the available audio.

Should Arbitrum Have Frozen North Korea's Funds? Griff Green vs. Gabe Shapiro is an episode from The Defiant by Camila Russo.

This episode is 00:56:49 long.

This episode was published on Apr 23, 2026.

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