CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-05-28 07:57:26

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

The post Sui Community Approves Return of $162M in Stolen Cetus Funds appeared first on Coinpedia Fintech News The Sui community has voted to return stolen assets from the Cetus Protocol, with nearly 53% supporting the proposal. Following the decision, a multisig wallet managed by the Sui Foundation and OtterSec will recover and transfer approximately $162 million in frozen funds from the attacker’s address. This action is a key step toward rebuilding trust and strengthening security within the Sui ecosystem after the Cetus incident.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.