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via CoinDesk · By CoinDesk Staff
Arbitrum approves $71 Million ETH release despite U.S. seizure fight
ETH
ETH/USDT
$1,557.13
-1.49%
$1,557.13
-1.49%
(24s)24h Volume
$15,756,756,828.32
24h H/L
$1,660.54 / $1,532.90
Change: $127.64 (8.33%)
Long/Short
79.2%
Long: 79.2%Short: 20.8%
Funding Rate
-0.0026%
Shorts pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(08:59 AM UTC)
1 min read
1020 views
0 commentsDAO 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
Arbitrum delegates approved the release of $71 million in ether frozen after last month’s Lazarus-linked rsETH exploit, setting up a direct clash between decentralized governance and an active U.S. court fight over who owns the funds.
The…
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