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The Nexus
BUSINESSMay 8 · 07:25 UTCTHE BLOCKDanny Park

Arbitrum DAO approves $70 million ETH release for Kelp DAO recovery

Arbitrum DAO has approved a $70 million ETH release for Kelp DAO recovery, but a court order has restricted the movement of recovered funds, leading to an emergency motion by Aave. The court order was issued on May 1. The situation is currently unresolved.

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