Following Wednesday’s action by Sui validators to freeze stolen assets, Cetus has formally requested community approval for a protocol upgrade that would return the locked funds without reversing transaction history or rolling back the blockchain.
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Sui Foundation stays neutral as $162m hack recovery goes to vote
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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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The decision to freeze $162 million in hacked assets on Sui was made by a subset of validators without prior approval from token holders, DAO members, or any formalized community process
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