The founder and CIO of Cyber Capital, Justin Bones, notes that such a move makes Sui a centralized network, while claiming that its founders own the majority of supply and “there are only 114 validators.”
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$260M Cetus Hack: Sui Freezing Funds Sparks Decentralization Concerns
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Unlocking the frozen funds requires an on-chain vote, but the centralized distribution of SUI tokens may influence the outcome, potentially limiting the effectiveness of decentralized decision-making.
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