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Aave contests SDNY order freezing user funds from rsETH exploit, Peter Van Valkenburgh argues

Aave contests SDNY order freezing user funds from rsETH exploit, Peter Van Valkenburgh argues
Aave contests Arbitrum DAO fund freeze

Peter Van Valkenburgh, industry influencer, notes that Aave has submitted a strong legal brief opposing a Southern District of New York restraining notice affecting Arbitrum DAO.

According to Van Valkenburgh, the notice is alleged to have wrongly frozen recovered user funds tied to the rsETH exploit, based on the assertion that assets briefly held by a suspected North Korean hacker became North Korean property.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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