Recovery strategy and historical parallels

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Cetus Protocol labeled its $6 million bounty offer as a “whitehat settlement” and broadcast the proposal through an on‑chain message
Crema Finance offered the attacker $1.6 million in 2022 in exchange for returning the stolen funds and avoiding legal prosecution
Crema Finance mirrored the 2022 negotiation strategy now used by Cetus Protocol
Cetus Protocol shares a development team with Crema Finance, a Solana project that negotiated with a hacker in 2022 to recover most of $9 million stolen
Cetus Protocol warned that the bounty offer was time‑sensitive and would be void if the stolen assets were off‑ramped or mixed as of May 2025

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Cetus offers $6M bounty to hacker after exploit

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