Cetus Breach Update: Exploring various fund recovery options, determining the scope of affected funds

BlockBeats News, May 25th, Cetus released a community update, mainly disclosing the following:

1. The affected funds consist of two parts: part of it is within Sui, while the other part is mainly bridged to the ecosystem in the form of ETH.

2. The data recovery work of the Cetus protocol is actively in progress and is expected to take several hours.

3. The aggregator service has resumed online operation, supporting exchanges through partners such as Phantom and Binance Alpha. It has been confirmed that the Cetus CLMM pool unaffected in this incident will resume operation once accurate holding data is fully restored.

4. Actively engaging with the Sui Foundation and other community members to finalize key details of the recovery.

5. Progressing on two fronts simultaneously: (1) Resolving the issue as soon as possible through white-hat negotiations; (2) Actively collecting clues and evidence to pursue fund recovery through legal channels.

6. Simulating different recovery scenarios and designing technically feasible fund recovery and compensation plans.

7. Proposed a protocol upgrade through PoS voting to unlock and return most of the stolen funds currently frozen in the attacker's Sui wallet.

Previously, on May 22nd, Cetus Protocol's official announcement on the evening of May 22nd confirmed that the platform had experienced a hacker attack, resulting in approximately $223 million in funds being stolen.