“A thief does not own what he steals.” So said Aave founder Stani Kulechov in a statement following an emergency court filing seeking to unfreeze $73 million retrieved by Arbitrum DAO in the wake of a $293 million exploit. The Kelp DAO hack on April 18 left decentralized finance lending platform Aave stuck with $230 million in bad debt after hackers, believed to be from North Korea, used stolen and unbacked rsETH tokens to take out loans on Aave. That led to a bank-run style wave of withdrawals on Aave that effectively froze the protocol. The crypto community has rallied around Aave and Kelp DAO, raising $300 million in donations…
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