A Manhattan federal judge has allowed Aave to proceed with its recovery plan for $71 million in ether tied to a North Korea-linked exploit, permitting the funds to be moved off Arbitrum while for the moment preserving terrorism victims’ legal claims. Judge Margaret Garnett’s order modifies a prior freeze so Arbitrum governance can vote onchain to transfer the ETH to an Aave-controlled wallet and shields participants in that vote from liability under the restraining notice.
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.
A Manhattan federal judge has allowed Aave to proceed with its recovery plan for $71 million in ether tied to a North Korea-linked exploit, permitting the funds to be moved off Arbitrum while for the moment preserving terrorism victims’ legal claims. Judge Margaret Garnett’s order modifies a prior freeze so Arbitrum governance can vote onchain to transfer the ETH to an Aave-controlled wallet and shields participants in that vote from liability under the restraining notice.
The ruling is part of a broader push by terrorism judgment creditors to seize North Korea-linked crypto assets, including a separate lawsuit targeting Railgun DAO and Digital Currency Group over allegedly facilitating the movement of DPRK-controlled funds
Arbitrum Aave North Korea-Linked Exploit Terrorism Plaintiffs Legal Freeze Recovery Plan Frozen ETH Onchain Governance Vote Restraining Notice Shields Participants Terrorism Judgment Creditors North Korea-Linked Crypto Assets Railgun DAO Digital Currency Group DPRK-Controlled Funds Privacy Protocol Lazarus Group Pyongyang Defi Infrastructure U.S. Government Clarity Act Senate Banking Committee Markup Hearing Compromise Brokered By
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