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Aave files emergency motion to unfreeze $73M ETH, arguing stolen crypto isn't legal ownership.

Market News
05 May 2026
The Currency Analytics
Bullish
pluang ai news

Aave has filed an emergency motion to lift a court restraining notice that froze $73 million worth of Ethereum linked to a hack. The decentralized finance protocol argues that the law firm Gerstein Harrow's claim to ownership is based on a flawed interpretation of property law, which traditionally holds that stolen property does not transfer legal ownership to the thief. Aave insists that established legal principles protecting original owners apply equally to digital assets like Ethereum. The case could set an important precedent for how courts handle ownership disputes involving crypto assets. The court has yet to rule on the motion, and the Ethereum remains frozen for now.

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