The Sui community has officially approved a proposal to recover assets stolen during the Cetus Protocol hack. With an approval rating of nearly 53%, the proposal, titled “Whether to Return Stolen Assets of the Cetus Protocol Through a Special Transaction,” has passed.
Sui Community Vote Passes with 53%
This situation arises from the recent security breach involving Cetus Protocol, where cybercriminals exploited a vulnerability within the protocol, resulting in the theft of approximately $162 million in digital assets.
In response, the Sui Foundation acted swiftly to identify the stolen funds, successfully tracing them to two addresses controlled by the attackers. The foundation has since taken measures to freeze these accounts to prevent any further transactions.
Blockchain analysts, including OtterSec, collaborated to ensure the assets remained secure during the investigation. The community rallied, with validators and Sui holders actively participating in the on-chain vote. This swift action and engagement reflect the community’s dedication to protecting its ecosystem and users.
Sui Learns from Past Hacks
Past hacks have seen the victims take varying proactive measures, resulting in different responses from the hackers. For example, on April 26, 2025, Loopscale, a recently launched Solana-based lending platform, suffered a major security breach, resulting in the loss of $5.7 million and 1,200 SOL, roughly 12% of Loopscale’s total value. The hacker was offered a 10% bounty, which he agreed to in exchange for the stolen funds.
In a different development, the hacker behind the massive Coinbase data breach moved approximately $42.5 million in Bitcoin to Ethereum via THORChain, after which they sent a mocking on-chain message to blockchain investigator ZachXBT.
The Sui community’s achievements are informed by these past recovery experiences while also taking into consideration the lessons learned from instances of unrecovered losses. The firm is now focused on implementing the on-chain recovery process to return funds to affected users. Cetus plans to strengthen its security measures to prevent future vulnerabilities and attacks.
The Sui Foundation will oversee the transfer, ensuring transparency and efficiency in the process. This resolution reinforces Cetus’s commitment to rebuilding trust and continuing its mission in the blockchain space.
