A court has modified a restriction notice, allowing Arbitrum DAO to conduct on-chain voting and transfer frozen ETH to Aave LLC. This decision, made on May 8, follows an incident involving rsETH, with the restriction notice now applying to Aave LLC. The revised constitutional AIP maintains the goal of recovering funds, with the transferred ETH earmarked for rsETH recovery efforts. Previously, on May 1, a restriction notice was served on Arbitrum DAO by a plaintiff’s judgment creditor, prompting Aave LLC to file an emergency motion to vacate.
Court Permits Arbitrum DAO to Vote and Transfer Frozen ETH
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