Arbitrum's $71 million in ETH cleared for Aave transfer as North Korea terrorism creditors retain legal claim
Arbitrum's $71 million in ETH cleared for Aave transfer as North Korea terrorism creditors retain legal claim
A Manhattan federal judge on Friday modified a restraining notice that had barred Arbitrum DAO from moving 30,766 ETH (~$71 million) frozen after the April 18 Kelp DAO exploit.The judge cleared the way for an onchain governance vote to transfer the funds to a wallet controlled by Aave LLC.The order explicitly shields anyone who initiates, votes on, or participates in the transfer from being held in violation of the freeze.Aave agreed to be bound by the restraining notice as though it had been served directly, meaning the terrorism creditors’ claims on the funds survive the transfer.The court left the underlying dispute between exploit victims and North Korea terrorism judgment holders unresolved.