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hack

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

3 weeks ago by Crypto InsightsCrypto

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71 million in frozen ether to be transferred out of Arbitrum while preserving North Korean terrorism victims’ legal claim on the funds.… Read More

North Korea terror victims escalate fight to seize $71 million from Aave hack

North Korea terror victims escalate fight to seize $71 million from Aave hack

4 weeks ago by Crypto InsightsCrypto

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new court filing that the April 18 rsETH exploit was not theft but fraud, directly countering Aave’s attempt to void a restraining… Read More

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

The U.S. government moves $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase

1 month ago by Crypto InsightsCrypto

The U.S. government is active on the blockchain again, moving approximately $606,000 worth of bitcoin BTC$74,813.14 to Coinbase Prime. These are not just any coins. On-chain data suggests the transferred 8 BTC are linked to Ilya Lichtenstein, the man behind the decade-old hack of the… Read More

Ilya Lichtenstein credits Trump’s First Step Act for early release in Bitfinex hack case

Ilya Lichtenstein credits Trump’s First Step Act for early release in Bitfinex hack case

5 months ago by Crypto InsightsCrypto

Ilya Lichtenstein, who was sentenced to five years in prison in November 2024 after pleading guilty to charges tied to the 2016 Bitfinex cryptocurrency exchange hack, was released from prison after just 14 months behind bars. “Thanks to President [Donald] Trump’s First Step Act, I… Read More

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