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Arbitrum DAO votes to approve the proposal to release the frozen ETH
Mars Finance News: On May 8, Arbitrum DAO passed a vote to approve the proposal titled “Release of Frozen ETH,” with an approval rate of 90.96%. The proposal includes requesting 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 multi-signature wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. This address will be used exclusively for recovery work after receiving the ETH that was frozen by Arbitrum.