From Cointelegraph
May 23, 2025 06:01 AM:

Cetus offers a $6 million white hat bounty to recover $220 million in stolen assets. The Sui Network’s emergency response raises concerns about decentralization after freezing $162 million of stolen funds. Cetus threatens legal action if assets are not returned promptly. Cryptocurrency hacks soared to $90 million in April. Bybit exchange lost over $1.4 billion in the largest crypto hack. SUI considers emergency white list function to override transactions to recover funds linked to the hack. Critics argue that overriding transactions contradicts decentralized principles, while others see it as a necessary response to protect the community.

Read more at Cointelegraph: Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate