Sui decentralized Exchange Cetus is back online after $ 223 million of exploit



The CETUS decentralized exchange (DEX) protocol based in Sui is again online after a 17 -day interruption stimulated by the exploit of $ 223 million last month.

The protocol recovered around $ 162 million in stolen funds and continues legal actions against the attacker, who did not respond to Dex’s requests to negotiate.

Sui intervened to compensate Cetu for the initial losses, issuing a loan to reimburse the users impacted on May 28. Defillama data show that the total blockade of blocked CETUS (TVL) was $ 284 million before the exploit and has now dropped to $ 124 million.

The attacker exploded a defect in the contract of the Library of Shared Mathematics of Cetus, deceiving the protocol to believe that a Token worth millions of dollars.

Despite the attempts to negotiate and reach an agreement, the attacker began to wash funds through the tornado service of the coin mixing service.

Cetus has filled the liquidity groups between 85% and 99% of its initial liquidity, which means that users can now trade on the platform without exceptional slide.

The Token Cetus (CETUS) has lost 44% of its value during the past month and has dropped around 1% in the last 24 hours, according to Coinmarketcap.



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