SUI Network Validators Freeze $162M in Stolen Assets Following Cetus Protocol Exploit
The sui network showcased its strong security measures as validators quickly froze $162 million in stolen assets after the Cetus Protocol exploit. This rapid response, confirmed by Sui’s official communications, has strengthened community trust in the network’s threat mitigation capabilities.
Cetus Protocol has since fixed the vulnerability and is working with the SUI Foundation and law enforcement to track hacker wallets. A whitehat recovery deal has been proposed, highlighting proactive steps to recover the stolen funds.
This incident tested Sui’s security framework, with the network proving its resilience. While Cetus experienced temporary liquidity issues, the validator response demonstrated the robustness of decentralized systems in crisis situations.