Techub News reports that, according to AMBCrypto, the U.S. Southern District of New York federal court (SDNY) has authorized Arbitrum DAO to conduct an on-chain vote to transfer 30,765 Ether frozen in connection with the rsETH vulnerability to a wallet controlled by Aave LLC. The order explicitly protects governance representatives participating in the vote from restraining orders, while stipulating that the assets remain under court supervision after the transfer. On April 18, the rsETH vulnerability caused the loss of approximately 116,500 rsETH (valued at $292 million). The court’s involvement stems from the Kim v. North Korea case, which involves pursuing and recovering assets linked to North Korea. The court ruled that, prior to a final decision, Aave LLC must not distribute, pledge, or transfer these Ether.

ETH-1.4%
AAVE-0.11%
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