BREAKING: Exploit or glitch? What's
happening on SUI? 🚨🚨
Cetus, the main liquidity provider DEX on $SUI, has reportedly been hacked or compromised.
Around |$11M in #SUI was drained from the
SUI/USDC pool, with most tokens dropping over 75% as liquidity vanished.
The Cetus team claims it was a technical halt of the blockchain, but the situation remains unclear. Meanwhile,
some traders are already buying the dip.
If someone wants guidance then they can let me know.
This isn’t financial advice.
