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#943 - Judge Clears ArbitrumDAO To Transfer Frozen ETH To Aave LLC

A judge clears the ArbitrumDAO recovery transfer, Mantle DAO approves a 30k ETH loan to Aave, and Devcon 8 Early Bird tickets land on May 20th.

Quick Take

  • Order clears ArbDAO to transfer ETH.

  • Mantle DAO approves a loan to Aave.

  • Cross-chain package for Interop SDK.

  • Devcon 8 early tickets start May 20th.


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Judge Clears ArbitrumDAO To Transfer Frozen ETH To Aave LLC

United States District Judge Margaret M. Garnett signed a court order allowing an onchain governance vote to transfer the 30,765 frozen ETH from the ArbitrumDAO to a wallet controlled by Aave LLC. The order provides explicit legal cover for participants: any party initiating, voting on, or participating in the transfer is not in violation of the restraining notice served by Gerstein Harrow LLP on May 1st. The restraining notice transfers with the assets. The judge did not rule on the merits of the plaintiffs' claim. Read more

Mantle DAO Approves Aave Loan

Mantle DAO passed a governance proposal authorizing its treasury to lend up to 30,000 ETH to Aave DAO to address bad debt from the April 18 KelpDAO LayerZero exploit. The loan carries a variable rate of the Lido staking yield plus 1% APR with up to a 36-month maturity. As collateral, Aave will allocate 5% of protocol revenue and at least $11 million in AAVE tokens to a multisig over which Mantle holds a first-priority lien, and will delegate 130,000 AAVE for governance during the loan. Read more

Interop SDK Cross-Chain Package

Wonderland released a cross-chain package for the Interop SDK that gives developers a unified API for fetching bridge quotes, executing transfers, and tracking orders. The package is powered by the Open Intents Framework and follows EIP-7683 for cross-chain intent structures, with initial support for Across, Relay, OIF, LiFi, and Bungee. The release is experimental and has not been audited. Read more

Devcon 8 Early Bird Tickets

Devcon announced that Early Bird ticket sales for Devcon 8 will begin on May 20, 2026, sold through an ETH-native payment integration built directly into Pretix. Early Bird General Admission will cost $349. Devcon 8 takes place in Mumbai, India, from November 3–6, 2026. Students and professors can already apply for free or discounted tickets. Read more

Other News


Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

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Judge Clears ArbitrumDAO To Transfer Frozen ETH To Aave LLC

The judge signed an order clearing ArbitrumDAO to vote on transferring 30,765 frozen ETH to Aave LLC for the rsETH recovery effort.

United States District Judge Margaret M. Garnett signed a court order to allow an onchain governance vote to transfer the 30,765 frozen ETH from the ArbitrumDAO to a wallet controlled by Aave LLC. The order provides explicit legal cover for ArbitrumDAO participants: any party initiating, voting on, or participating in the onchain transfer to Aave LLC is not in violation of the restraining notice served by Gerstein Harrow LLP on May 1st.

The restraining notice transfers with the assets. Aave LLC has agreed to abide by the terms of the restraining notice as if it had been issued directly to Aave LLC, until the court vacates it, the plaintiffs withdraw it, or it expires by operation of law. The judge did not rule on whether the plaintiffs actually have a valid legal claim to the funds. The order helps move the DeFi United recovery effort forward towards restoring the backing of rsETH.

The ruling clears the legal path for the transfer authorized by ArbitrumDAO's recovery vote. The approval of the Mantle DAO loan to Aave and Aave's earlier liquidation of attacker rsETH positions brings DeFi United one phase closer to completion.


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Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

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Devcon 8 Early Bird Tickets

Early Bird tickets for Devcon 8 in Mumbai go on sale May 20, 2026 at $349 GA via an ETH-native Pretix payment integration.

Devcon announced that Early Bird ticket sales for Devcon 8 will begin on May 20, 2026. Tickets will be sold through an ETH-native payment integration built directly into Pretix, an open-source ticketing platform. Early Bird General Admission tickets will cost $349. Devcon 8, the world's largest conference for Ethereum developers, will take place in Mumbai, India, from November 3–6, 2026. Students and professors can already apply for free or discounted tickets.


post image

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

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