Community Articles
via Decrypt · By Decrypt Editorial
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
ETH
ETH/USDT
$2,742.68
+3.52%
$2,742.68
+3.52%
(24s)24h Volume
$12,585,690,325.52
24h H/L
$2,742.82 / $2,639.37
Change: $103.45 (3.92%)
Long/Short
59.6%
Long: 59.6%Short: 40.4%
Funding Rate
+0.0031%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(11:21 AM UTC)
1 min read
In brief
- Arbitrum DAO has voted in favor of releasing 30,765.67 ETH to a recovery address controlled by Aave, KelpDAO, EtherFi, and Certora.
- A U.S. court dispute could still complicate the transfer, after plaintiffs with judgments against North Korea sought to restrain the assets.
- Legal experts warn that executing the DAO vote now risks contempt of court for anyone in the execution chain…
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