Breaking News: Cetus has immediately suspended its smart contract operations to prevent further losses and is conducting a thorough investigation.
Approximately $162 million of the compromised funds have been successfully frozen. The Cetus team is working in collaboration with the Sui Foundation and other parties to recover the remaining assets.
Prominent figures in the industry, including Binance founder Changpeng Zhao (CZ), have expressed their support to help Sui navigate through this crisis.