Haseeb ＞|＜
@hosseeb
Managing partner @dragonfly_xyz.
Let's think step by step.
Joined December 2010
1.2K Following 147.7K Followers
Following this case with fascination.
Judge has allowed Arbitrum DAO to transfer the funds to AAVE to "relieve the Good Samaritan" of the restraining order. But judge says the restraining order is now applied to AAVE until a final judgment.
Good sign, but such a weird case.
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Update on KelpDAO/Arbitrum SDNY case:
Judge ruled that Arbitrum DAO can transfer the rescued ~$71M to multisig that Aave and others are on, taking Arbitrum out of the line of fire and keeping Defi United remediation on schedule.
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