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Aave asks court to lift freeze on $73M in ETH from KelpDAO attack

May 04, 2026, 7:42 PM
Aave has filed an emergency motion in federal court seeking to lift an order that froze approximately $73 million worth of Ethereum linked to the KelpDAO attack. According to The Block, the motion challenges a May 1 order that prevented Arbitrum from moving the recovered funds. Aave countered that these claims are based on unproven speculation that the North Korean hacking organization Lazarus Group was behind the attack. The company further argued that even if this were true, temporary possession of stolen assets does not confer ownership. Aave founder Stani Kulechov emphasized that a thief cannot own what they have stolen and that the funds belong to the victims, stating the matter is not up for debate.

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