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#frozen-funds News & Analysis

3 articles tagged with #frozen-funds. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

3 articles
DeFiNeutralCoinDesk · 56m ago6/10
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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

A federal judge authorized Aave to move $71 million in ETH previously frozen on Arbitrum, assets linked to a North Korea-attributed hack. However, a legal freeze remains attached to the funds as terrorism-related plaintiffs continue pursuing their claims against the assets.

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack
$ETH$AAVE$ARB
CryptoBearishCoinTelegraph · Mar 266/10
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Fenbushi co-founder offers bounty to recover $42M lost in 2022 hack

Fenbushi co-founder is offering a bounty to recover $42 million lost in a 2022 hack caused by a compromised seed phrase. Investigators have successfully frozen approximately $1.2 million of the stolen funds as part of ongoing recovery efforts.

Fenbushi co-founder offers bounty to recover $42M lost in 2022 hack
CryptoNeutralBitcoinist · Feb 276/104
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Stablecoin Giant Tether Blocks $4.2 Billion In Crypto Over Crime Concerns

Tether has frozen approximately $4.2 billion worth of USDT tokens linked to suspected criminal activity, with most of these enforcement actions occurring in the past three years. This represents a significant expansion of the stablecoin issuer's efforts to combat illicit use of its tokens.