Cetus: Funds isolated on Sui have been transferred to a multi-signature wallet jointly managed with Sui Foundation and OtterSec

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Cointime2025/05/31 12:24

By:Cointime

Cetus Protocol, the decentralized exchange on the Sui platform that was previously attacked by hackers, stated in a post on X platform that after receiving approval for on-chain voting, the funds previously isolated on Sui have now been securely transferred to a multi-signature trust wallet managed jointly by Cetus, the Sui Foundation, and OtterSec. It is currently officially entering the next phase of the recovery process. In order to keep the community informed and actively involved, a Space meeting is tentatively scheduled for June 2nd to provide a detailed review of the hacking incident and share the progress of the recovery.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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