Judge clears path for Aave to move $71 million in ETH linked to North Korea hack
60-second summary
A judge has cleared the path for Aave to move $71 million in ETH linked to a North Korea hack, allowing frozen exploit funds on Arbitrum to be transferred. However, a legal freeze remains in place, following the assets as terrorism plaintiffs continue their claim, potentially impacting the liquidity and value of Aave's assets and the broader DeFi market.
Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.