Crisis intervention from SUİ Foundation: Full compensation for users after a CETUS attack of 223 million dollars

💥 Attack on Cetus, Sue the Crisis of Trust

Cetus Protocol, the largest decentralized stock market (Dex) on the Sue Bloczinciri, faced a major crisis after a $ 223 million abuse attack last week. Through fake tokens (eg bulla), the attacker manipulated the price curves in liquidity pools and took real assets out of the system.

🔒 As a result of this attack:

$ 162 million stolen token chain frozen

The remaining funds were removed through different bridges

The aggressive wallet is still active and 12.9 million water in it

CETUS ‘local tokene Cetus depreciated 40 %

The defi process volume on sui fell dramatic.

🛡️ Sui Foundation came into play: Critical loan for compensation

Sui Foundation provided a critical debt to Cetus (Loan) to compensate for the damages of users affected by the attack.

“With the support of the community, it is possible for all users to reclaim their assets, Sui Foundation said.

This funding covers only losses out of the chain. For beings frozen on the chain, a separate community vote must be permitted.

Cetus’ description:

“Using our safe and token reserves, we are able to meet all losses if frozen funds are released. This was possible thanks to the debt from Sue Foundation.”

🧾 Healing Plan: Full Refund with Community Vote

Cetus, after the attack:

Stopped all smart contracts

Launched an investigation

Now, the compensation process starts immediately.

📜 However, the final reimbursement plan depends on the community vote on the chain. This vote will formally give the use of frozen funds for compensation.

🔍 EVALUATION

This showed how vital the crisis intervention mechanisms were against security deficits of the decentralized finance (Defi) protocols. The proactive step of Sui Foundation aims to maintain the reputation of the entire Sui ecosystem, not only Cetus users.

If the community approves, this may be one of the fastest and fastest repayment operations in this defi date.