Wu said that Aave stated its entity Aave LLC has submitted an emergency motion regarding the restriction notice sent to Arbitrum DAO on May 1, 2026, requesting the withdrawal of the measure.


The notice was issued by the plaintiff based on a judgment from the Southern District of New York Federal Court (SDNY) related to a case, attempting to seize approximately 71 million USD in ETH (assets of users affected by the April 18 vulnerability incident).
Aave pointed out that stolen assets do not acquire legal ownership due to theft, and the aforementioned funds have been recovered to reimburse affected users.
The freezing action will harm the compensation process, and Aave has requested the court to expedite the hearing and temporarily lift the freeze, while continuing to collaborate with the Arbitrum community and DeFi United to advance user compensation.
AAVE-0,33%
ETH0,95%
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