Federal Judge approves transfer of $71M in ETH tied to North Korea-linked exploit into Aave, while terrorism plaintiffs maintain legal claims over frozen assets

A Manhattan federal judge has approved the transfer of about $71 million in ETH from an Arbitrum-held freeze into Aave-controlled custody, while preserving the existing legal restrictions on the assets. The order, issued by U.S. District Judge Margaret M. Garnett, clears a procedural obstacle for Aave’s recovery effort after the funds were frozen in connection with a major exploit that investigators and industry commentary linked to North Korea’s Lazarus Group.

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