Market Signal
Aave files an urgent motion requesting the court to revoke the restriction notice on Arbitrum DAO ETH
Details:
Aave LLC filed an emergency motion requesting the court revoke the restriction notice served on Arbitrum DAO on May 1, 2026, which attempted to seize approximately $71 million in ETH. Aave emphasized that attackers will not obtain legal ownership through theft, and these assets should be returned to the victims of the rsETH attack on April 18th. Freezing assets can harm the protected victims. The team has requested the court expedite the hearing process and temporarily revoke the restriction notice, and will continue to work with the Arbitrum community and DeFi United to provide compensation to affected users.