SUI hacked for $223 million: A major shock, quick response, but the drama is not over yet"

On May 22, 2025, Cetus Protocol – the largest DEX on the Sui network – was hacked for $223 million, shaking the community. Immediately, the validators of Sui froze $162 million of the stolen assets, demonstrating the network's quick and effective response.

However, this decision has also sparked controversy as some argue that freezing assets could affect the immutability of the blockchain.

To encourage the hacker to return the assets, Cetus has offered a $6 million reward if the hacker cooperates.

Currently, the price of SUI is fluctuating around $3.62, slightly down from before the attack.

This incident serves as a reminder of the importance of security in DeFi and the rapid response capabilities of blockchain networks.

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