According to Odaily, the decentralized exchange Cetus Protocol, part of the Sui ecosystem, has announced progress in its recovery process following a recent hack. The funds previously isolated on the Sui network have been securely transferred to a multisig trust wallet managed jointly by Cetus, the Sui Foundation, and OtterSec. This marks the next phase in the recovery efforts.
To keep the community informed and engaged, Cetus Protocol plans to hold a Space meeting on June 2, where they will review the details of the hacking incident and share updates on the recovery progress.
