Aave submits emergency motion to dismiss asset freeze notice against ArbitrumDAO

Odaily reported that Aave LLC has submitted an emergency motion requesting the dismissal of the asset freeze notice issued against ArbitrumDAO on May 1, 2026. The notice involves approximately $71 million worth of ETH, assets belonging to users affected by the attack on April 18. Aave stated that stolen assets do not grant legal ownership through theft, and the relevant funds were originally intended for restitution to affected users; the freeze instead hinders the compensation process.

Aave has requested an emergency hearing from the court to temporarily lift the freeze measure, while stating that it will continue to collaborate with the Arbitrum community and DeFiUnited to advance user compensation efforts.