$SUI DEX HACKED! $220M GONE!
Bad news for SUI network!
Cetus Protocol, the biggest app on SUI, was hacked yesterday.
What happened?
Hacker stole $220 MILLION from trading pools.
All trading was stopped.
Many coin prices fell 80%.
SUI price dropped to $3.86 (–15%).
BUT GOOD NEWS:
Sui team froze $162 MILLION of the stolen money! They are trying to get more back.
Be careful while using DeFi apps. Always check security!
Will SUI recover? What do you think?