ChainCatcher report: According to official updates to the Arbitrum DAO proposal, a plaintiff judgment creditor in an unrelated case served a restraining order on Arbitrum DAO targeting the ETH frozen following the rsETH incident. Several days later, Aave LLC filed an emergency motion to vacate the order. The court modified the restraining order to permit on-chain Arbitrum voting and to transfer the frozen ETH to Aave LLC. Following the transfer, the restraining order will apply to Aave LLC. The revised constitutional AIP preserves Arbitrum DAO’s approved intent for asset recovery, and the ETH will still be used for rsETH incident restoration. Aave LLC will comply with all court obligations during the litigation.
Arbitrum DAO Court Order Updated; Frozen ETH to Be Transferred to Aave LLC
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Summary
ETH news: Arbitrum DAO updated its court order proposal to allow frozen ETH to be transferred to Aave LLC. A plaintiff initially issued a restraining order following the rsETH incident. Aave LLC sought to revoke the order, and the court revised it to permit on-chain voting and ETH transfers. The updated AIP retains the ETH designated for rsETH recovery. Aave LLC will fulfill all court obligations during the ongoing litigation. The ETH update confirms the asset remains linked to the recovery process.
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