NY Judge Delays Aave Bid to Unlock $71M in ETH
Aave’s bid to unfreeze $71 million in Kelp-linked ETH was delayed by a New York judge.
Aave’s bid to unfreeze $71 million in Kelp-linked ETH was delayed by a New York judge.
Kelp DAO and Aave said rsETH operations will resume as a two-week refill plan begins to replace 117,132 stolen rsETH. Security was upgraded...
Aave LLC and Arbitrum have launched a binding on-chain vote to transfer 30,765 ETH frozen after the Kelp DAO exploit.
Arbitrum Vote to Release $71M in Kelp ETH Nears Pass
Aave liquidated the Kelp DAO hacker's rsETH collateral on Ethereum and Arbitrum, but the recovery fund remains about 10% short.
Kelp DAO will move rsETH to Chainlink CCIP after a $292 million exploit.
Aave filed an emergency motion to lift a freeze on about $73 million in recovered ETH tied to the Kelp DAO exploit. Plaintiffs with...
Kelp exploit recovery faces a legal fight over $70 million in frozen ETH.
Aave has raised $160 million to cover bad debt tied to the Kelp DAO exploit.
Kelp hack funds are moving through THORChain as recovery prospects narrow.
Arbitrum's Security Council froze $71M in ETH tied to the $292M Kelp DAO exploit, acting on law enforcement input with a governance vote...