Cetus releases community update: Aggregator service has been restored and is simulating different fund recovery solutions.

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[Cetus Community Update Released: Aggregator Service Has Resumed, Simulating Different Fund Recovery Solutions] Cetus, which was attacked by hackers and had $223 million stolen, released a community update, primarily disclosing the following content:

  1. The affected funds consist of two parts: one part is internal to Sui, while the other part is mainly bridged out of the ecosystem in the form of ETH.
  2. The data recovery work for the Cetus protocol is actively underway and is expected to take several hours.
  3. The aggregator service has been restored and supports exchanges through partners such as Phantom and CEX Alpha. It has been confirmed that the Cetus CLMM pool, which was unaffected during this incident, will begin to resume operations once the accurate holding data is fully restored.
  4. Actively discussing with the Sui Foundation and other community members to finalize the key details of the recovery.
  5. Currently advancing in two directions: (1) resolving the issue as soon as possible through white hat negotiations; (2) actively collecting clues and evidence to recover funds through legal channels.
  6. Simulating different recovery plans and designing technically feasible fund recovery and compensation plans.
  7. It has been proposed to upgrade the protocol through PoS voting to unlock and return most of the stolen funds currently frozen in the attacker's Sui wallet.
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Tushar888vip
· 05-25 18:37
Watching Closely 🔍
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