DAOs vs. Federal Courts: A truce has been reached.
A Manhattan judge just allowed Arbitrum DAO to move $71M in frozen ETH to Aave LLC.
• The Catch: The funds are still under a "restraining notice."
• The Conflict: North Korean terrorism creditors claim the money; KelpDAO victims want it back.
• The Win: 182M $ARB votes triggered a court-approved transfer—a first for DeFi.
The money moved, but the legal war is just beginning.
$ETH $ARB