Sui Community Votes to Unfreeze $223M Post-Cetus Hack—Because Blockchain Governance Works (Sometimes)
After a brutal $223 million exploit shook Cetus, the Sui network’s decentralized governance swung into action—proving crypto can sometimes clean up its own mess.
No bailouts, no intermediaries—just an on-chain vote to claw back stolen funds. Take notes, traditional finance.
Final tally? Community 1, Hackers 0. But let’s see how long until the next ’unprecedented security event’ tests those governance muscles again.