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CETUS

Sui Community Approves 90% Vote to Recover $223M Stolen Cetus Funds

The Sui community has approved a governance vote with 90% support to recover the stolen Cetus funds, which were stolen in a $223 million heist. Cetus plans to utilize frozen attacker funds along with cash and token reserves to compensate for losses caused by the attack and aims to relaunch its platform within a week.
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AI Analysis

The recent governance vote within the Sui community indicates a strong collective consensus to address the major security breach involving the Cetus platform. With 90% approval, the community demonstr...

AI Recommendation

Investors and users of the Cetus platform should monitor the implementation of the recovery plan closely. The community’s decisive approval indicates a positive outlook for recovery efforts, but it re...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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