According to a message from Deep Tide TechFlow on May 24, the Sui Network’s official X platform disclosed that the Sui validators community has quickly frozen $162 million worth of stolen funds. Each validator has a profile that allows them to ignore transactions from specific addresses. More than one-third of the validators chose to ignore transactions from two addresses related to the attack, effectively freezing these funds.
The Cetus protocol has called on the community to vote on protocol upgrades to return frozen funds without rolling back on-chain history or reversing transactions. Sui Network expressed support for the vote, but will remain neutral and not participate in the vote. At the same time, Sui asked Cetus to make a public commitment to mobilize all financial resources to recover the funds until all customer funds were fully returned.
According to reports, the attackers have successfully transferred approximately 60 million dollars in funds, and Cetus is working with security analytics providers and global law enforcement agencies to recover the stolen funds.
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