Victims of North Korean Terrorism Fight to Keep $71M From Aave Exploit Frozen

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Lawyers for victims of North Korean terrorism asked a New York federal court to keep $71 million in frozen ether from the April 18 rsETH exploit blocked, arguing the exploit was fraud rather than theft. The filing counters Aave’s effort to void the restraining notice in a dispute tied to a roughly $230 million exploit. The brief also invokes the Terrorism Risk Insurance Act ahead of a Wednesday, May 6 hearing in Manhattan.

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