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BTCC / BTCC Square / Global Cryptocurrency /
Sui Community Approves Return of $162M in Stolen Cetus Funds

Sui Community Approves Return of $162M in Stolen Cetus Funds

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-28 08:21:01
0

The sui community has greenlit the recovery of $162 million in assets stolen from the Cetus Protocol, with 53% of voters backing the proposal. A multisig wallet overseen by the Sui Foundation and OtterSec will now reclaim the frozen funds from the attacker’s address.

This decisive action marks a critical MOVE to restore confidence in the Sui ecosystem following the security breach. The resolution underscores the network’s commitment to mitigating fallout from exploits while reinforcing safeguards against future attacks.

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