Crypto

Aave Fights to Unfreeze $71 Million as Kelp DAO Hack Spills Into Court

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In brief

  • Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit.
  • Plaintiffs claim the funds are tied to North Korea and can be seized to satisfy old judgments.
  • Aave says the assets belong to users and are needed to stabilize DeFi markets after the hack.

A…

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