North Korea Terror Victims Change Tactic in $71 Million Aave Hack Dispute

Victims of North Korean terrorism have shifted their approach in an ongoing dispute over $71 million in frozen ether from Aave's hacked funds.

The lawyers representing the victims argue that the April 18 Aave hack was not a straightforward theft, but rather a fraudulent lending transaction. According to the new filing, the attackers borrowed assets from users of the 'Aave Protocol' and did not repay them, which led to the seizure of collateral by Aave.

The law cited in support of this argument states that fraud victims pass title, not just possession, to a fraudster. This could mean that the attackers have legal title to the borrowed crypto, even if their ownership is reversible.