Newneys
@ordible
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Cetus Hack Update: A Plan for Recovery
Following the recent incident, we’ve reflected on its impact and are committed to making things right. We’re sorry for the disruption caused to our users, partners, and the Sui DeFi ecosystem.
We’re pleased to announce that, with a critical loan from the Sui Foundation and our cash and token treasuries, we can fully recover stolen assets currently off-chain, pending the outcome of an upcoming community vote. We respectfully request the Sui community’s support to pass this vote, enabling 100% recovery for affected users.
Regardless of the vote’s outcome, recovery efforts will begin immediately after, with a detailed plan to follow. We deeply regret the incident and are dedicated to restoring trust and strengthening the Sui DeFi ecosystem. Let’s unite to pass the vote and rebuild together.
Summary: After an incident, we’re working to fully recover stolen assets with a loan from the Sui Foundation and our treasuries, contingent on a community vote. 0 reply
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