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Arbitrum DAO approves the proposal to release the frozen ETH

Arbitrum DAO approves the proposal to release the frozen ETH

ForesightNewsForesightNews2026/05/08 03:25
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Foresight News reports that the Arbitrum DAO has passed the proposal to "approve the release of frozen ETH," with 90.96% voting in favor. The proposal requests Arbitrum governance to approve the release of 30,765.67 ETH frozen by the Arbitrum Security Council on April 21, and to transfer the funds into a 3/4 multisig wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. After receiving the ETH frozen by Arbitrum, this address will be dedicated to recovery efforts.

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