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🚨 260M USDT stolen on Cetus, the Sui DEX Massive hack during a bull run
On May 22, 2025, Cetus, the leading DEX of the Sui network, suffered a major exploit.
More than 260 million dollars were drained through a price manipulation using fake tokens.
📉 Direct impact
– Drop of $SUI : –15%, to 3.81 USDT
– Trust shaken in Sui DeFi
– Quick reaction: smart contracts paused
🛡️ Measures taken
– 160M USDT frozen by the Sui Foundation
– Ongoing investigation to track the attackers
– Strengthening of DeFi security expected
📌 Advice for users
– Avoid interacting with unverified contracts
– Follow the official channels of the Sui Foundation for updates
💬 And you? Still trust in DeFi on Sui or are you withdrawing for now?
#CetusDEX #SuiHack #DeFiSecurity
On May 22, 2025, Cetus, the leading DEX of the Sui network, suffered a major exploit.
More than 260 million dollars were drained through a price manipulation using fake tokens.
📉 Direct impact
– Drop of $SUI : –15%, to 3.81 USDT
– Trust shaken in Sui DeFi
– Quick reaction: smart contracts paused
🛡️ Measures taken
– 160M USDT frozen by the Sui Foundation
– Ongoing investigation to track the attackers
– Strengthening of DeFi security expected
📌 Advice for users
– Avoid interacting with unverified contracts
– Follow the official channels of the Sui Foundation for updates
💬 And you? Still trust in DeFi on Sui or are you withdrawing for now?
#CetusDEX #SuiHack #DeFiSecurity
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