BREAKING! DEX Cetus Suspected to be Hacked: Over $200 Million Missing, Community in Panic!
In a shocking incident in the crypto world, the decentralized exchange (DEX) Cetus based on the Sui blockchain is reported to have experienced a massive exploitation that allegedly resulted in losses of over $200 million in digital assets!
This initial information first emerged through a post from anonymous Web3 researcher, COMDARE3, who shared suspicious data from DEX Screener showing many tokens plummeting by more than 75% in less than 24 hours. Tokens like Lombard Staked BTC (LBTC) and AXOLcoin (AXOL) even lost nearly all of their value!
However, the situation became increasingly suspicious when AMLBot, a blockchain compliance firm, reported that funds amounting to $212 million were being "bridged" to the Ethereum network at a staggering speed — $1 million per minute. In fact, during the interview, an additional $3 million vanished again!
The Cetus team claims that this is merely a “bug, not a hack.” However, many parties find that statement implausible. "Don't be fooled, this is more than just a bug," emphasized AMLBot.
Meanwhile, data from Onchain Lens shows that the perpetrators successfully took over all pools using SUI token denominations, including tokens such as:
$52 million SUI
$19.5 million USDT
$4.9 million Haedal Staked SUI (HASUI)
$19.5 million Toilet (TOILET)
Cetus announced a temporary suspension of their protocol through their official X account and stated that an investigation is underway.
The community is now demanding transparency and accountability. Is this really a technical error, or rather a veiled cybercrime?
This is a story still developing. Stay tuned for further news to uncover what really happened behind this shocking collapse.