TechFlow news, May 24 — According to Sui Network's official X platform, the Sui validator community has rapidly frozen $162 million worth of stolen funds. Each validator has a configuration profile allowing them to ignore transactions from specific addresses. Over one-third of validators have chosen to ignore transactions from two addresses linked to the attack, effectively freezing these assets.
Cetus Protocol has called on its community to vote on a protocol upgrade to return the frozen funds without rolling back blockchain history or reversing transactions. Sui Network expressed support for this vote but stated it will remain neutral and not participate. Meanwhile, Sui requires Cetus to publicly commit to mobilizing all financial resources to recover the funds until all customer assets are fully restored.
It is reported that the attacker has successfully transferred approximately $60 million. Cetus is currently cooperating with security analytics providers and global law enforcement agencies to recover the stolen assets.
