Arbitrum DAO Permitted to Transfer $71M in ETH to Aave Despite North Korea Hack Link

Arbitrum DAO Permitted to Transfer $71M in ETH to Aave Despite North Korea Hack Link

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Categories: Defi Regulation Security Dao

A Manhattan judge has modified a restraining notice, allowing Arbitrum DAO to transfer $71 million in Ether (ETH) to Aave. The funds were previously tied to a North Korea hack, but the court's decision facilitates their movement while preserving legal claims for terrorism victims.

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.