Governance and community response

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The Sui team described the hack on Cetus protocol in May 2025 as a “coming-of-age” moment for the blockchain, acknowledging that human errors in development can affect even the most secure platforms.
Cetus and Inca Digital sent an on-chain message to the May 2025 Cetus protocol attacker requesting the return of 20,920 ETH and the frozen funds in exchange for amnesty.
Two Sui wallet addresses belonging to the May 2025 Cetus protocol attacker were frozen by Sui validators and contain the majority of the stolen capital.
The Cetus team and the Sui Foundation offered a combined $11 million in bounties to aid in identifying the attacker responsible for the Cetus Protocol exploit in May 2025
The Sui Network faced community criticism after proposing an on-chain vote to return $162 million in frozen assets from the Cetus hack in May 2025

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