Sui Community Approves Proposal to Release Seized Funds After Cetus Vulnerability

According to PANews, the Sui community has recently approved an on-chain proposal to release approximately $162 million that was seized during last week's Cetus vulnerability incident. This decision will enable the decentralized exchange (DEX) to reimburse users and resume full operations. The affected funds will be transferred to a multi-signature wallet and held in escrow until they are returned to users as per the plan led by Cetus. Cetus has announced its intention to complete the full recovery and relaunch within approximately one week source: https://www.binance.com/en/square/post/24967185299569?utm_source=BinanceNewsRSS