NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH

CoinTelegraph3h agoUpdated 1h ago
NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH
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A New York judge delayed Aave's bid to unfreeze $71 million in ETH frozen after the Kelp DAO hack, requesting supplemental briefings on compounding losses and asset recovery mechanisms. The hearing now moves to June 5. Meanwhile, Kelp and Aave progress restoration efforts, burning hacker's rsETH and planning token recovery over two weeks via Aave's Recovery Guardian wallet.

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