TechFlow reports that on May 12, Aave updated its statement regarding the Arbitrum DAO proposal, noting that the court modified the restraining notice on May 8 to permit the Arbitrum DAO to conduct on-chain voting and to transfer the ETH frozen due to the rsETH incident to Aave LLC; following the transfer, the restraining notice will attach to Aave LLC. The revised constitutional AIP retains the recovery intent previously approved by the Arbitrum DAO, and the relevant ETH will still be used for rsETH recovery. Aave also stated that the plaintiff’s judgment creditor served the restraining notice upon the Arbitrum DAO on May 1 in an unrelated case, after which Aave LLC filed an emergency motion to vacate.
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