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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

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+0.38%
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$8,359,710,339.25

24h H/L

$1,691.07 / $1,652.09

Change: $38.98 (2.36%)

Long/Short
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Long: 74.1%Short: 25.9%
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Longs pay

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Ethereum
Ethereum
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$1,668.85

0.15%

Volume (24h): -

Resistance Levels
Resistance 3$1,802.87
Resistance 2$1,734.01
Resistance 1$1,673.01
Price$1,668.85
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Support 2$1,585.26
Support 3$1,505.68
Pivot (PP):$1,668.05
Trend:Downtrend
RSI (14):31.1
CS
Cointelegraph Staff
(11:12 AM UTC)
1 min read
JM
Approved byJames Mitchell
1188 views
0 comments

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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Cointelegraph Staff · Cointelegraph

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