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===<> U.S. Court “Greenlights”: Aave to Recover $71M in ETH from North Korea-Linked Hack Case
The Manhattan District Court (U.S.) has approved a plan by Aave to recover approximately $71 million in ETH frozen on Arbitrum, linked to cyberattacks allegedly associated with North Korea.
According to Judge Margaret Garnett’s ruling, the assets may be transferred to a wallet controlled by Aave LLC, but the process still requires on-chain governance voting by the Arbitrum DAO before final execution.
Key highlights:
Recognizes victims’ legal rights to pursue stolen funds
Allows modification of prior freezing orders to align with DAO mechanisms
Grants liability protection to parties proposing, voting, or executing the transfer under the court order
👉 Overall, this sets an important precedent where traditional legal systems begin to “coordinate” with DAO governance in handling hacked and frozen crypto assets.
$ETH #NFPBeatsAgainCutsFade #USIranCeasefireMOUTalk #OKXPreIPOPerpsGoLive
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