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via Cointelegraph · By Cointelegraph Staff
Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave
ETH
ETH/USDT
$1,874.89
-0.39%
$1,874.89
-0.39%
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$2,684,211,708.48
24h H/L
$1,892.31 / $1,869.17
Change: $23.14 (1.24%)
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68.0%
Long: 68.0%Short: 32.0%
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Longs pay
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CS
Cointelegraph Staff(11:12 AM UTC)
1 min read
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit.
Judge Margaret Garnett of the Southern District of New York issued the order on Friday, modifying a restraining notice that had locked the assets inside Arbitrum DAO. The modification permits an onchain…
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