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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
$2,491.92
+0.50%
$2,491.92
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$7,908,976,686.45
24h H/L
$2,523.97 / $2,460.92
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Long: 56.3%Short: 43.7%
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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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