Uneasy Money: Who Owns Stolen Crypto? The $71M Fight Testing DeFi Limits - podcast episode cover

Uneasy Money: Who Owns Stolen Crypto? The $71M Fight Testing DeFi Limits

May 09, 20261 hr 14 min
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Episode description

A legal battle over frozen KelpDAO hack funds is forcing DeFi to answer questions it has long avoided.


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When the Arbitrum Security Council froze $71 million in funds tied to the KelpDAO  hack, it was hailed as vigilante justice. Now lawyers representing families of North Korea's victims are claiming that same money in a New York federal courtroom, as if theft transfers title. 

Meanwhile, an AI agent running on Base got robbed via a prompt injection hidden in Morse code, and Coinbase cited artificial intelligence when announcing 14% layoffs. 

Kain Warwick, Taylor Monahan, Luca Netz, and Kelsie Nabben, author of Decentralised Digital Security, work through what DeFi's security layer actually is, who gets to decide when to act, and whether any of it survives the arrival of autonomous agents.


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