Arbitrum ETH transfer cleared for Aave

A Manhattan federal judge has modified a restraining order, allowing Arbitrum DAO to move approximately $71 million in ETH. These funds were frozen following the Kelp DAO exploit. The ruling permits an on-chain governance vote to transfer the ETH to a wallet controlled by Aave LLC, while explicitly shielding participants from violating the freeze. However, Aave has agreed to remain bound by the restraining notice, meaning claims by North Korean terrorism creditors on the funds persist. The underlying legal dispute remains unresolved, indicating continued uncertainty surrounding the assets.