Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave
Cointelegraph
A New York judge has authorized Arbitrum DAO to move $71 million in frozen Ether to Aave to support recovery efforts from a major exploit.Summary
A Manhattan federal judge has modified a restraining order, allowing Arbitrum DAO to transfer $71 million in frozen Ether to Aave. This decision supports recovery efforts following a significant exploit of rsETH linked to North Korean hackers. While the transfer is permitted to proceed pending a governance vote, the funds remain subject to legal claims from terrorism victims who hold unpaid judgments against North Korea. The court's order protects participants from liability, marking a critical step in Aave’s attempt to restore backing for the affected assets.
(Source：Cointelegraph)