Skip to content
archive

arbitrum-delegates-back-71-million-eth

Tech · · 1 min read · coindesk.com ↗

DAO delegates approved releasing exploit-frozen ETH to an Aave-led recovery effort, though Arbitrum's governance rules delay any transfer for at least eight days. This follows the court ruling that cleared the path for the funds to be moved.

The recovery plan represents a collaborative effort between the Arbitrum DAO, Aave, and other stakeholders to address the aftermath of the North Korea-linked hack.