US Court Approves Transfer of $71M in Frozen ETH Tied to North Korean Lazarus Group Hack

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…

U.S. Judge Approves Aave Transfer of $71M ETH Tied to North Korea Hack

A U.S. judge has approved Aave's transfer of $71 million in ETH tied to a North Korea-linked hack. See the legal decision, DeFi implications, and recovery context.Read more...

Aave Unveils $71M rsETH Recovery Push as DAO Votes and Court Orders Align

Key Takeaways: After recouping the attacker’s holdings on May 6, Aave has moved forward to Phase II of its recovery plan. Arbitrum DAO and Mantle DAO voted on proposals that involve recovering $71 million in ETH for DeFi United. Aave introduced a compensation mechanism that the users affected by the issue can use to verify the potential reimbursements. Aave is more than just keeping pace with the efforts to calm markets after the rsETH exploit …

Aave Wins Court Battle Over $71M ETH Linked to North Korea

A federal judge just handed DeFi’s recovery effort a critical win. U.S. District Judge Margaret Garnett of the Southern District of New York has cleared the path for Aave LLC. She order to transfer $71 million in frozen ETH off Arbitrum and into an Aave-controlled wallet.  美国纽约南区法官 Margaret Garnett 已为 Aave 转移与朝鲜相关黑客事件有关的 7100 万美元 ETH 扫清法律障碍，允许 Arbitrum 上被冻结的攻击资金转至 Aave LLC，但相关法律限制令将随资产一并转移。此前，持有针对朝鲜判决的原告试图限制这笔资金，主张其可用于执行与朝鲜相关的赔偿判决；Aave…— 吴说区块链 (…