According to The Defiant, in response to the hot wallet theft, Binance has submitted a draft constitution to the ArbitrumDAO, requesting the recovery of 8,426 ETH and 74.56 million ARB (totaling over $31 million) previously frozen on Arbitrum One. This money will be used to replenish the SAFU fund and reserves already used to compensate users, without seeking additional funds from the DAO. Because unfreezing requires authorization through DAO on-chain governance voting, encompassing forum discussions, a snapshot survey, on-chain voting, and multi-tiered withdrawal waiting periods, it is expected to take at least 7 weeks. Binance must also sign a relevant waiver and compensation agreement before submitting the on-chain report. https://www.(wublock123.com)/news/news-71425