According to ChainCatcher, the SUI-based DEX Cetus, which suffered a $223 million hack, announced it has transferred the frozen funds related to the attack to a multi-signature trust wallet managed by CETUS, SUI, and OtterSec. The funds will be held until returned to users.
Cetus stated it has entered the next phase of recovering funds lost to hackers, working to secure the funds and fulfill the community's promised roadmap, including contract upgrades, liquidity recovery, and restart preparations.
Previously, the Sui community approved a proposal to release approximately $162 million to enable the DEX to reimburse users and resume operations.
