Arbitrum DAO Vote Passes Proposal to "Approve Release of Frozen ETH"

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2026-05-08 03:24

BlockBeats News, May 8th, the Arbitrum DAO voted to approve the "Unfreeze Frozen ETH" proposal with a 90.96% approval rate.

The proposal includes a request for Arbitrum governance to approve the release of 30,765.67 ETH frozen by the Arbitrum security council on April 21st and transfer the funds to a 3/4 multisig wallet controlled jointly by Aave Labs, KelpDAO, EtherFi, and Certora. This address will be used exclusively for recovery efforts after receiving the ETH frozen by Arbitrum.

Fuente:BlockBeats

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