🚨 260M USDT stolen on Cetus, the Sui DEX Massive hack during a bull run

On May 22, 2025, Cetus, the leading DEX of the Sui network, suffered a major exploit.

More than 260 million dollars were drained through a price manipulation using fake tokens.

📉 Direct impact

– Drop of $SUI : –15%, to 3.81 USDT

– Trust shaken in Sui DeFi

– Quick reaction: smart contracts paused

🛡️ Measures taken

– 160M USDT frozen by the Sui Foundation

– Ongoing investigation to track the attackers

– Strengthening of DeFi security expected

📌 Advice for users

– Avoid interacting with unverified contracts

– Follow the official channels of the Sui Foundation for updates

💬 And you? Still trust in DeFi on Sui or are you withdrawing for now?

#CetusDEX #SuiHack #DeFiSecurity