They then added near-zero liquidity to manipulate internal LP state and repeatedly removed real assets like SUI and USDC without depositing anything meaningful.
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Sui's Biggest Liquidity Provider Hacked for $223M, Causing Sui-Based Tokens to Plummet
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Security expert Alex Horlan stated that the Cetus protocol attacker used near-zero liquidity injections to distort internal pool logic and steal assets.
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