Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint


Description

Cetus Protocol, built by the same team behind Crema Finance, is offering a \$6 million bounty to recover funds from its $223 million exploit on Sui — a strategy mirroring its past deal with a hacker on Solana, sparking backlash over centralization and compensation concerns.

Publish date

May 23, 2025