Cetus on Sui to Transfer Frozen Assets of Attacker

2025/06/01 23:27
CoinPost
Written by K.Kobayashi
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Cetus on Sui to Transfer Frozen Assets of Attacker

Advancing Asset Recovery

On the 30th, Cetus, a decentralized exchange (DEX) on the Sui blockchain, announced that a proposal to execute a special transaction to transfer the frozen portion of cryptocurrencies stolen by an attacker was approved in a governance vote. The voting period, which started on the 27th, was set for a maximum of seven days but met the approval criteria early, thus finalizing the results. Cetus explained that following this, an upgrade to the Sui protocol will be implemented to first move the stolen assets from the attacker's address to Cetus's multisignature address, and subsequently return them to the original holders.

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MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.