Judge allows Arbitrum DAO to transfer $71 million in ETH to Aave

A federal judge in New York has permitted Arbitrum DAO to move $71 million in frozen ether to Aave. The order preserves the legal claims of terrorism victims against the funds tied to a North Korea-linked hack.

Judge Margaret Garnett issued the two-page order late Friday, modifying a prior restraining notice on Arbitrum DAO. The ruling enables an onchain governance vote to transfer the immobilized ETH to an Aave-controlled wallet and protects participants in that vote from liability under the notice.

संबंधित लेख

Dramatic courtroom scene depicting lawyers arguing over frozen Ethereum coins from Kelp DAO hack amid terrorism claims.
AI द्वारा उत्पन्न छवि

Aave fights to unfreeze $71 million amid Kelp DAO hack court battle

AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि

A federal case is unfolding over $71 million in frozen cryptocurrency following the Kelp DAO exploit, as Aave seeks to release the funds for DeFi recovery. Victims of decades-old North Korean terrorist acts have filed a restraining notice against Arbitrum DAO, claiming the 30,765 ETH as DPRK-linked property. The dispute pits recent hack victims against long-standing terrorism judgment holders.

Jaredfromsubway.eth, a prominent Ethereum MEV bot, lost more than $7.5 million after approving attacker-controlled contracts that enabled an allowance drain. The incident occurred through a series of fake trading routes set up over several weeks. Security firm Blockaid identified the exploit as targeting the bot's automated approval logic rather than private keys or protocol flaws.

AI द्वारा रिपोर्ट किया गया

Ethiopia has secured reductions in claims from two foreign companies at the World Bank's investment arbitration court. The Justice Ministry stated that the country defended itself with sufficient evidence. The decisions were made unanimously by three arbitrators.

U.S. law enforcement increasingly requests voluntary freezes of digital assets tied to suspected crimes.

AI द्वारा रिपोर्ट किया गया

A Seoul court has overturned a six-month partial business suspension on Bithumb, one of South Korea's largest cryptocurrency exchanges. The ruling reverses sanctions imposed in March by the Financial Intelligence Unit over alleged anti-money laundering violations. It remains unclear whether a 36.8 billion won ($24.6 million) fine is also on hold.

A long-dormant Bitcoin wallet holding 35.55 BTC since 2011 transferred funds this week, marking an early visible action by a defendant in a major New York lawsuit. The move follows legal notices served via the blockchain in 2025. Plaintiffs seek ownership of millions of similar coins under state lost-property rules.

AI द्वारा रिपोर्ट किया गया

BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23 million in an over-the-counter transaction at $2,292.15 per ETH. This follows a similar sale the prior week and a March deal, with proceeds supporting Ethereum operations, R&D, ecosystem grants, and community initiatives.

यह वेबसाइट कुकीज़ का उपयोग करती है

हम अपनी साइट को बेहतर बनाने के लिए विश्लेषण के लिए कुकीज़ का उपयोग करते हैं। अधिक जानकारी के लिए हमारी गोपनीयता नीति पढ़ें।
अस्वीकार करें