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$AAVE WINS BIG - JUDGE CLEARS $71M FROZEN ETH RECOVERY
Judge Margaret Garnett (SDNY) approved an onchain governance vote to move 30,766 ETH from Arbitrum to an Aave-controlled wallet, tied to the April 18 rsETH exploit.
Key points:
▪️ Participants shielded from liability
▪️ NK-linked legal claims still preserved
▪️ 8 attacker positions on Aave V3 already liquidated (May 6)
▪️ Original exploit drained ~$230M via KelpDAO rsETH bridge
This Ruling could set a major precedent for DeFi hack recovery, proving stolen funds belong to users, not hackers.
@aave Leading the Fight Back. 💪