The Cetus hack worth $260 million raises controversy over decentralization in Sui
Freezing funds raises suspicions
After the hack of the Cetus platform, the Sui network froze the affected funds, raising concerns about the level of centralized control in the network.
Significant impact on user trust
The ability to intervene and freeze assets puts Sui under criticism from decentralization supporters, as some see this as contradictory to blockchain principles.
Calls for more transparency
The community demanded clarifications on the protection mechanisms and the level of control that the network has over the assets.
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