Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate

Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns about decentralization.Sui-native decentralized exchange (DEX) Cetus was exploited for over $220 million worth of cryptocurrency on May 22. However, Cetus managed to freeze $162 million of the stolen funds shortly after.

Source: cointelegraph.com

Related symbols: SUIUSD

2025-05-23 10:14:03 GMT.