Sat, 09 Maethereum

Court lets Arbitrum DAO to transfer $71M in ETH tied to North Korea hack to Aave

Burns Brief

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $ETH $AAVE $ARB for reaction — a decisive move above or below key levels will confirm the next trend.

A Manhattan judge modified a restraining notice to let Arbitrum DAO move $71 million in frozen Ether to Aave, while preserving terrorism victims’ legal claim on the funds.

Key Takeaways