Aave launches binding Arbitrum vote to move $71 million in disputed ETH
Aave stakeholders have initiated a formal Arbitrum vote to transfer $71 million in frozen ETH linked to a previous exploit to a controlled address.Summary
Aave and affected stakeholders have launched a binding Arbitrum governance proposal to move 30,765 ETH, valued at $71 million, from an immobilized account to a wallet controlled by Aave LLC. This action follows a court order from Judge Margaret Garnett intended to secure the assets, which were frozen following a Kelp DAO hack. While the transfer is proceeding, the funds remain under strict legal restrictions.
The case has become complex due to claims from North Korean terrorism judgment creditors, who are seeking to seize the assets, arguing they are linked to the Lazarus Group. Aave maintains that the ether belongs to the victims of the exploit. The outcome remains subject to both the upcoming Arbitrum governance vote, scheduled for May 15, and ongoing legal proceedings.
(Source：CoinDesk)