🚨 Cetus Hack Update: $160M in Stolen Funds Secured in Multisig Wallet
⚠️ In a major step toward recovery, Cetus Protocol has transferred $160 million in stolen funds to a multisig trust wallet, following overwhelming community support via on-chain vote.
🏛 The wallet is now jointly managed by Cetus, the Sui Foundation, and OtterSec, ensuring transparency and collaborative oversight as the protocol works to restore trust and security.
🌐 This is a powerful example of how Web3 governance and community-driven recovery can play out after a major breach.
