Aave says creditors are trying to seize stolen ETH before victims get their $71M back
Summary
Aave has launched a legal challenge to prevent creditors from seizing $71 million in ETH recovered following a major exploit. The funds, currently frozen by the Arbitrum Security Council to reimburse victims of an April 18 attack, are being targeted by plaintiffs attempting to attach the assets to unrelated claims. Aave argues that these funds are victim-designated property and that the Arbitrum DAO should not be treated as a suable legal entity, warning that successful seizure could discourage decentralized protocols from intervening in future security crises.
(Source:CryptoSlate)