According to Aave’s statement on X, on May 6, eight hacker positions on Aave V3 were liquidated, with the recovered rsETH collateral transferred to recovery custodians. The Arbitrum DAO approved a proposal to return the previously recovered $71 million in ETH. A judge approved Aave LLC’s request to transfer the funds through Arbitrum DAO on-chain voting. Subsequent steps include burning rsETH on Arbitrum and restoring rsETH reserves before reopening withdrawals.
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