Cetus Protocol Hack: $96 Million SUI Tokens Moved in Apparent Effort to Obfuscate Stolen Funds

A major development within the SUI DeFi ecosystem has emerged, as a hacker linked to the previous Cetus Protocol exploit appears to be attempting to obfuscate their illicit funds. Blockchain security firm Peckshield reports that a significant transfer of 24 million SUI tokens – valued at approximately $96 million – was recently executed. This move highlights the challenges in tracking and recovering assets lost due to malicious actors in the cryptocurrency space.