📢📢📢📢 Cetus Protocol Hacked on $SUI: Losses Exceed $200M
According to reports, the largest DEX and main liquidity provider in the SUI ecosystem — Cetus (@CetusProtocol) — has been hacked.
The hacker gained control of all pools denominated in $SUI and withdrew assets totaling over $200 million. The movement of stolen funds has begun, including $USDC.
Attacker's address: https://suiscan.xyz/mainnet/account/0xe28b5
The market $SUI has already reacted with a powerful dump, but this may not be the end. New cascading liquidations and spikes in volatility are possible in the coming hours.