Crypto NewsAltcoinBREAKING: Aave Issues Urgent Appeal Regarding the Major Hack That Occurred in...
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BREAKING: Aave Issues Urgent Appeal Regarding the Major Hack That Occurred in Recent Weeks

The DeFi world, recently rocked by a major hack, is trying to prevent the seizure of recovered funds.

Author: Mete Demiralp
Update:
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Following the rsETH crisis stemming from KelpDAO, a significant development has occurred on the legal front. According to a statement by Aave, Aave LLC has filed an urgent application to overturn a preliminary injunction served on Arbitrum DAO on May 1, 2026.

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The court order reportedly aimed to seize approximately $71 million worth of ETH belonging to victims of the April 18 hack. Aave LLC argued that this attempt was legally invalid and requested the court to overturn the order.

*This is not investment advice.

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