Time
09:38
Aave granted judge's permission to transfer $71 million in ETH related to the North Korean hacking attack.
May 9, 2026
CoinFeed News
CoinFeed reported on May 9th that, according to CoinDesk, US Judge Margaret Garnett has approved the transfer of approximately $71 million worth of ETH previously frozen on Arbitrum to the lending protocol Aave. However, the legal freeze on these funds will remain in effect. These funds are alleged to be linked to North Korean-related hacking attacks and are continuing to be subject to judicial review as part of civil claims by victims of terrorism. This court ruling is merely a technical measure and does not alter the original arrangements regarding the asset freeze and claims rights.