Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

U.S. Court Rules on Arbitrum DAO Bid to Recover Stolen Assets

A U.S. court has ruled on Arbitrum DAO's attempt to recover stolen assets. Here's what the decision means for governance, security, and crypto markets.

Judge Clears Path for Aave’s $71 M ETH Recovery Amid Hack Fallout

Legal clearance enables Aave to retrieve hacked ETH, while institutional voices and tech upgrades shape a cautiously optimistic market tone.

Court Allows Arbitrum DAO To Transfer $71M ETH To Aave

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, giving the DeFi lender a legal route to continue its recovery plan after a North Korea-linked rsETH exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday. The order modified a restraining […]

Court Allows Arbitrum DAO to Shift $71M North Korea-Linked ETH to Aave

A Manhattan federal judge has cleared a path for Arbitrum DAO to move $71 million worth of frozen Ether to Aave LLC as part of a broader DeFi recovery effort tied to a North Korea–linked exploit. The decision, while a procedural milestone, leaves intact the terrorism victims’ claims on the funds and requires careful navigation between off-chain governance and on-chain formalities before any transfer can be completed. Judge Margaret Garnett of th…

Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

A New York federal judge allowed Arbitrum DAO to transfer $71 million in frozen ETH to Aave following a North Korea-linked exploit, while keeping terrorism victims' legal claim on the funds intact.