🔒 SUI Under Fire: Security Breach, Price Crash & a Potential Buying Opportunity?
🚨 Sui Network faces mounting criticism after a major exploit exposed serious security flaws. Analyst ZachXBT blasted Sui’s slow, internal response, saying it failed to track stolen funds effectively.
↘️As confidence dips, $SUI has seen a sharp price decline, shaking investor sentiment.
💰 However, some see the pullback as a buying opportunity, betting on long-term recovery if Sui improves its infrastructure and transparency.
Approximately $160 million of the funds stolen during the Cetus exploit on the Sui Network have been successfully recovered. These assets were frozen shortly after the attack and have since been transferred to a multi-signature (multisig) wallet jointly managed by Cetus, the Sui Foundation, and blockchain security firm OtterSec.
With $160M in stolen funds now secured in a multisig wallet and key protocol upgrades in progress, the question remains: Can Sui recover and regain users' trust?
👉 Are you still holding onto your $SUI, or have you moved on?
