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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

CoinDesk
A federal judge allowed Aave to move $71 million in frozen ETH linked to North Korean hackers while maintaining plaintiffs' legal claims.

Summary

A Manhattan federal judge, Margaret Garnett, has issued an order allowing Aave to proceed with the recovery of $71 million in ether frozen on the Arbitrum network following an exploit linked to North Korean hackers. The ruling permits the funds to be transferred to an Aave-controlled wallet via a governance vote, while simultaneously shielding participants from liability. The decision balances Aave's recovery efforts with the ongoing legal claims of families seeking to collect on terrorism judgments against North Korea, ensuring the assets remain subject to future legal action despite the transfer.

(Source:CoinDesk)