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Judge Clears Way for Aave to Manage $71 Million in Assets Tied to North Korean Hack | Nova Global News

Nova Global News

Judge Clears Way for Aave to Manage $71 Million in Assets Tied to North Korean Hack | Nova Global News

Content overview: “Judge Clears Way for Aave to Manage $71 Million in Assets Tied to North Korean Hack | Nova”. District Judge Margaret Garnett has issued a ruling allowing the Aave protocol to regain control of $71 million in Ethereum assets previously frozen o... District Judge Margaret Garnett has issued a ruling allowing the Aave protocol to regain control of $71 million in Ethereum assets previously frozen on the Arbitrum network. The funds, allegedly laundered by North Korean state-sponsored hackers, remain under a strict legal hold as terrorism victims pursue claims against the regime.

This development marks a significant legal precedent, demonstrating how traditional judicial systems are increasingly exerting authority over decentralized finance (DeFi) platforms. While the assets are moving, they remain subject to the ongoing litigation, meaning Aave is now effectively acting as a court-sanctioned custodian. The full version stays on the original page, which this listing opens directly.

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