Cetus Protocol confirmed in a statement to Bloomberg that it is working with the Sui Foundation and ecosystem partners to recover the funds stolen in the $260 million hack.

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We are working with the Sui Foundation and other ecosystem members right now on next-step solutions, with the goal of recovering the remaining stolen funds.

The protocol added that $162 million of the stolen funds had been ‘paused’ and it is working with the Sui Foundation to recover the remainder of the funds.

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