Aave submitted an emergency motion requesting the revocation of the asset freeze notice against the Arbitrum DAO

By: rootdata|2026/05/05 00:49:20

According to official news, Aave LLC has submitted an emergency motion requesting the withdrawal of the asset freeze notice issued to Arbitrum DAO on May 1, 2026. This notice attempts to seize approximately $71 million worth of ETH, which belongs to the victims of the attack on April 18.

Aave stated that attackers do not gain legal ownership of stolen property merely by stealing it, as the law clearly stipulates. The assets being recovered are intended to be returned to users affected by the attack on April 18, 2026. Freezing these assets harms the users that the recovery efforts are supposed to protect.

Aave has requested the court to hold an emergency hearing and temporarily lift the freeze order, while continuing to work with the Arbitrum community and DeFi United to compensate the affected users.

-- Price

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