Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3.
data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/cetus-dex-sui-exploit-200m-loss” title=”null”>Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/sui-validators-freeze-majority-stolen-funds-220m-cetus-hack” title=”null”>managed to freeze $162 million of the funds.
In a May 27 post on X, Sui said Cetus had requested a community vote to approve the recovery of the frozen funds.
“If the community vote is approved, the funds will be recovered from the attacker and held in a…
