DeFiBearishThe Block · 19h ago7/10
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Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery
Arbitrum DAO approved a $70 million ETH release to support Kelp DAO recovery, but a May 1 court order has frozen these funds, leading Aave to file an emergency motion against the restriction. The situation highlights ongoing legal complexities surrounding protocol recoveries and cross-protocol governance decisions.
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