Attorneys for victims of three North Korea terrorism cases filed a 30-page response on Tuesday, reframing the April 18 Aave hack as fraud rather than theft. The distinction carries legal significance: characterizing the incident as fraud could grant the attackers legal title to the borrowed crypto, potentially complicating efforts to recover the $71 million in assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto whale sues Coinbase, accusing it of freezing stolen DAI and then refusing to return it
According to The Block on May 6, an anonymous crypto whale who filed a lawsuit under the pseudonym “DB” sued Coinbase and the accused thief “John Doe” on Monday, accusing Coinbase of refusing to return frozen DAI funds related to a 2024 crypto theft case even after it provided sworn affidavit proof that it is the legitimate owner.
MarketWhisper4m ago
MOTHER token investors file a class-action lawsuit, alleging Iggy Azalea failed to fulfill commercial commitments
According to CoinTelegraph, on May 6, the plaintiff Kenneth Kolbrak filed a class action lawsuit in the Manhattan federal court in New York, on May 4. The defendants are rapper Iggy Azalea, and the suit alleges that she made false statements about the actual use and business integration of the meme coin Mother Iggy (MOTHER) based on the Solana blockchain.
MarketWhisper39m ago
US media investigation: Polymarket’s Panama headquarters is a law firm that previously provided services for FTX
According to an investigation published by National Public Radio (NPR) in the United States on May 5, a reporter went to the Panama headquarters address registered on Polymarket’s official site—21st floor, Oceania Business Plaza, Panama City—and found no traces of Polymarket or any of its Panama legal entities on site. The office at that address, Garcia de Paredes Law Firm, previously provided legal services to FTX.
MarketWhisper3h ago
Kelp DAO became the first to abandon LayerZero’s main protocol and switch to Chainlink CCIP
According to The Block, on May 5, the decentralized finance lending protocol Kelp DAO announced it would stop using LayerZero as a cross-chain infrastructure provider and instead adopt Chainlink’s cross-chain interoperability protocol (CCIP). Kelp DAO is “the first major protocol to abandon LayerZero since the LayerZero vulnerability incident occurred.”
MarketWhisper3h ago
Drift announces a $295 million hacker incident recovery plan, compensating attacked wallets based on losses
According to Drift Protocol’s official announcement published on X on May 6, Drift Protocol has officially launched a user recovery plan for the April 1 hack: each affected wallet will receive a “Recovery Token,” with each token corresponding to $1 of verified losses, as a proportional claims certificate for the recovery pool.
MarketWhisper4h ago
Iggy Azalea Faces Class-Action Lawsuit Over Solana Meme Coin MOTHER, Token Down 99% Since Peak
According to Decrypt, on May 6, Australian rapper Iggy Azalea faced a class-action lawsuit over her Solana meme coin MOTHER. Investors allege she overstated the token's utility and business integrations, claiming Azalea promoted MOTHER for use in Motherland casino, Unreal Mobile phone service, and D
GateNews4h ago
