🚨 BREAKING: CETUS RECOVERS HACKED THOSE VICTIMS! 🚨
🔐 Good news for users affected by the @CetusProtocol hack! The Sui Foundation has taken a historic step by granting a secured loan to Cetus to cover 100% of user losses.
💥 What's happening?
🔷 The loan will allow Cetus to fully repay the stolen funds.
🔷 Should losses exceed its capacity, the Sui Foundation will assume the difference.
🔷 A key on-chain community vote is expected to validate this massive ransom.
🔷 If approved, a full recovery of funds could be achieved!
🌐 This marks a key moment for trust in the Sui ecosystem and demonstrates the power of blockchain communities when responsible and swift decisions are made.
👉 This swift and organized response could become a benchmark for future DeFi incidents.
🧠 Beyond the incident, this move strengthens the security of the protocols built on @SuiNetwork and strengthens user confidence in the ecosystem.