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Sui Genesis: $160 Million Stolen Funds Frozen and Will Be Returned to Cetus

BlockBeats News, May 22, according to Cointelegraph, Sui developer Mysten Labs co-founder Adeniyi Abiodun stated that $160 million of the over $220 million stolen funds has been frozen and will soon be returned to the Cetus pool.

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Cetus's losses in this event have exceeded the protocol's own TVL and circulating market cap, while Sui has transitioned from a "public chain" to a "centralized permissioned database."
This is an extremely precise mathematical attack, where the attacker leveraged a vulnerability in the `checked_shlw` function by meticulously calculating specific parameters to gain billions of dollars worth of liquidity at the cost of 1 token.
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