💳 Cetus Hack Update
Victims will be compensated. With 53% validator support, a special transaction has been approved to recover ~$162M from the exploiter’s wallet back to the network.
💼 Additionally, the Sui Foundation is extending a secured loan to Cetus to accelerate full user reimbursements.
Say what you will—but this was a swift response and a decisive fix.
In Web3, reputation costs more than any exploit.