#TrumpTariffs

Sui Foundation Remains Neutral in $162M Hack Recovery Vote ⚖️🛡️

In the wake of a massive $162 million hack targeting the Cetus Protocol — a decentralized exchange built on the Sui blockchain — the Sui community is facing a pivotal moment. 🧑‍💻💸

After swift action from Sui validators to freeze most of the stolen funds by blocking transactions from the attacker’s wallet, the next big question is: What should happen to the frozen funds? ❄️💰

Cetus has proposed a recovery plan that includes upgrading its protocol to return the funds to affected users without changing blockchain history. 📜🔁 While many see this as a way to restore trust, others fear it could set a dangerous precedent for decentralization. ⚠️🧩

Interestingly, the Sui Foundation has chosen to stay neutral — a move that many applaud for upholding decentralization. ✅ It will not vote or use its SUI holdings to influence the decision. However, the Foundation has made it clear: Cetus must commit to using all available resources to fully repay users. 🤝💼

This vote is more than just about recovering funds — it’s a test of Sui’s governance model, community values, and future direction. Will the community choose restoration or stick firmly to decentralization principles? 🗳️🌐

Stay tuned — this decision could shape the future of DeFi on Sui. 🚀 #SuiBlockchain #CryptoNews

#DeFiRecovery #BlockchainGovernance

#CryptoCommunity $SUI