Sui's actions this time have left the blockchain's face bruised! What happened to decentralization? Take a look at this wave of bizarre operations:

The Cetus protocol was hacked for 160 million dollars, and as a result, the big node operators of Sui held an emergency meeting: "We can't let him transfer the money!" They directly made all the miners blind, locking the coins in the hacker's wallet as if they were secured in a safe—having money but unable to spend it. This operation is harsher than a bank freezing accounts; what happened to "code is law"?

Even funnier is that some of the stolen funds made it to Ethereum via a cross-chain bridge, and Sui's officials immediately shifted the blame: "Once it leaves my house, it's no longer my concern!" So you can only freeze on your own territory, but pretend to be dead on someone else’s chain?

The most ironic thing is that these validators can act in unison at lightning speed, directly exposing the truth—that this chain is not decentralized at all; it’s purely a matter of a few big nodes calling the shots! You think Sui is the only one like this? Ethereum, BSC, and other POS chains are the same; a few node owners can decide the fate of transactions over a cup of coffee, and decentralization is just a marketing joke.

Now Sui claims they want to return the money to users, but if the nodes never process the related transactions, this money becomes a phantom coin—visible numbers but never withdrawable.

I just want to ask the Sui officials three questions: Do you have super admin privileges in the background? Are you brave enough to expose the code for frozen transactions? Is the claim that blockchain is immutable just nonsense?

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#Cetus #sui