Arbitrum DAO clears path to transfer $71M in frozen ETH to Aave
Crypto Briefing
A US federal judge has permitted Arbitrum DAO to vote on transferring $71 million in frozen ETH to Aave for victim recovery efforts.Summary
A US federal court has modified a restraining notice to allow Arbitrum DAO to hold a governance vote on transferring 30,765 ETH to Aave LLC. This move, stemming from an emergency motion, aims to facilitate a recovery plan for victims of a recent rsETH exploit. While the vote is scheduled for May 15, the underlying creditor claims remain active, and the physical transfer of funds will still require further judicial oversight. Additionally, Mantle DAO has provided a separate 30,000 ETH loan to Aave to further assist in the recovery process.
(Source：Crypto Briefing)