The Sui (SUI) community appears poised to greenlight a recovery plan to return $162 million worth of crypto stolen from the decentralized exchange Cetus Protocol last week.
Last week, a hacker hit Cetus with a sophisticated smart contract exploit targeting the decentralized exchange’s (DEX) concentrated liquidity market maker (CLMM) pools, purloining approximately $223 million worth of assets from the platform.
The DEX quickly froze $162 million worth of the stolen assets. Now, the Sui community is currently voting on a proposal that enables a special transaction to return those frozen assets from two attacker addresses back to Cetus.
Trending: MAY 31: Bo Polny Nailed It Again?
If passed, the vote would approve a one-time authentication of two special transactions hard-coded with the two attacker addresses, stolen asset objects, and their destination.
The votes
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!