Cetus swiftly paused its smart contracts to prevent further losses, and Sui validators took unprecedented action by freezing and recovering $160 million of the stolen funds on-chain
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Cetus Protocol
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$260 Million Cetus Hack on Sui Triggers Network Freeze—Critics Say ‘Decentralization Is a Lie’
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The ability to respond swiftly to security threats is essential for enterprise-grade DeFi and institutional applications, and the Sui network demonstrated this capability by freezing $160 million in stolen assets within hours of the Cetus exploit
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