SUI/Cetus Hack Recovery: $160M of Stolen Funds Frozen for Return

A significant breakthrough has emerged in the SUI/Cetus hack case. Initial reports indicate that approximately $160 million out of over $220 million stolen from the Cetus DEX have been frozen and are set to be returned to affected pools. 🧠 This development comes after a top SUI-based DEX was exploited, draining its liquidity pool and leading to a near 40% plunge in the CETUS token’s price. The CPO of the project confirmed the recovery; HIPPO, involved with the Cetus post-attack support, provided assistance. This news provides a significant relief for affected users and ecosystem participants, as it marks an important step towards regaining stability.