Following the rsETH crisis stemming from KelpDAO, a significant development has occurred on the legal front. According to a statement by Aave, Aave LLC has filed an urgent application to overturn a preliminary injunction served on Arbitrum DAO on May 1, 2026.
Related News: The List of Altcoins That Experienced the Most Fund Inflows and Outflows in the Last Week Has Been Revealed!
The court order reportedly aimed to seize approximately $71 million worth of ETH belonging to victims of the April 18 hack. Aave LLC argued that this attempt was legally invalid and requested the court to overturn the order.
*This is not investment advice.
Post Link: BREAKING: Aave Issues Urgent Appeal Regarding the Major Hack That Occurred in Recent Weeks
