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Wu said that Aave stated its entity, Aave LLC, has filed an emergency motion to revoke the restriction notice sent to Arbitrum DAO on May 1, 2026.
The notice was issued based on a judgment from the Southern District of New York Federal District Court (SDNY) related case, attempting to seize approximately $71 million worth of ETH (assets of users affected by the April 18 vulnerability incident).
Aave pointed out that stolen assets do not acquire legal ownership through theft.
The aforementioned funds have been recovered and used to reimburse affected users.
The freezing action will harm the compensation process.
They have requested the court to expedite the hearing and temporarily lift the freeze, while continuing to collaborate with the Arbitrum community and DeFi United to advance user compensation.