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Aave Challenges Law Firm’s Freeze on Kelp Exploit Ether

Cointelegraph
Aave has filed an emergency motion to vacate a restraining notice blocking the return of stolen Ether to Kelp exploit victims.

Summary

Aave has filed an emergency motion in a New York court to challenge a restraining notice placed by Gerstein Harrow LLP on 30,766 Ether intended for victims of the Kelp DAO hack. The law firm claims the funds are linked to North Korean hackers and subject to default judgments, but Aave argues that stolen assets remain the property of their original victims and that the law firm's claims are based on "unsupported conjecture." Aave contends that the continued freeze causes "irreparable harm" to the DeFi ecosystem and warns that such legal maneuvers could discourage future recovery efforts for crypto hacks.

(Source:Cointelegraph)