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Arbitrum’s $71 million in ETH cleared for Aave transfer as North Korea terrorism creditors retain legal claim

The Block
A federal judge allowed Arbitrum to transfer $71 million in stolen ETH to Aave while keeping terrorism-related legal claims active against the assets.

Summary

A U.S. federal judge has permitted Arbitrum DAO to transfer 30,766 ETH, worth $71 million, to Aave following the Kelp DAO exploit. While the ruling protects Arbitrum delegates from liability for the transfer, it subjects Aave to the existing restraining notice linked to claims by terrorism creditors. These creditors argue the assets are tied to North Korean state-sponsored hacking groups, and Aave may still be compelled to surrender the funds if the court rules in favor of the claimants in future proceedings.

(Source:The Block)