From Cointelegraph

May 28, 2025 4:30 am:

Decentralized exchange Cetus may recover $162 million of the $220 million lost in an exploit pending a community vote ending June 3. Sui validators froze the funds, sparking debate on centralization risks. SUI tokenholders can vote on the recovery plan. 52.9% of validators have approved so far. Source: Sui.

Cetus requests an emergency loan from Sui for a full recovery of stolen funds. Even if the vote fails, Cetus plans to begin the recovery process immediately. The protocol will outline steps for affected users in a detailed plan. Source: Cetus.

Read more at Cointelegraph: Cetus votes on stolen $162M, Sui Foundation offers emergency loan