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Arbitrum DAO Approves 30,766 ETH Release for Kelp DAO Recovery
Arbitrum DAO approved the release of 30,765.6 ETH, worth about $70 million, to the DeFi United recovery effort for Kelp DAO. Arbitrum DAO’s voting snapshot shows 182.2 million votes, or 90.96% of voting power, backed the move. A May 1 court order could still block the transfer while plaintiffs from years-old terrorism judgments against North Korea seek the frozen ETH as restitution.