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Home»Ethereum»Cetus publishes $ 5 million Bounty for the identification of hacker in the middle of the concerns of centralization on suis freeze
Ethereum

Cetus publishes $ 5 million Bounty for the identification of hacker in the middle of the concerns of centralization on suis freeze

May 23, 2025No Comments3 Mins Read
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The Cetus protocol published a Reward of $ 5 million on May 23 for information that identifies and leads to the arrest of the attacker who Extract $ 223 million from its decentralized exchange on the Suis network.

Announced on May 23, the offer is coordinated with the Cybersecurity Company Incstructed Digital and will be funded by the Foundation Su if the tip is decisive.

Informators must send an email to the name, to the location of the attacker and to proof of support with the subject “Cetus Lead”. The DEX added that it would remove any civil action and cancel the premium if the operator returns the assets and would accept the previous settlement proposal.

In particular, the offer comes in the midst of centralization concerns concerning Suit after the freeze of $ 162 million by many of its 114 validators.

Whitehat offers the way

A few hours before the public premium, Cetus used a chain transaction to deliver a separate proposal to the attacker On the Blockchains Suis and Ethereum (ETH).

This note offered retention fees of $ 6 million, equivalent to 2,324 ETH, in exchange for the yield of 20,920 ETH and all the frozen sur Su suis.

The team said that it had mapped Ethereum portfolios to operate it and coordinate with the American federal authorities, the Fincen, the Seychelles police forces, the defense sector partners, the major exchanges and the bridges.

The ultimatum warned that any attempt to laundering funds would trigger global climbing of the law forces.

According to the disclosure of May 22 of the Protocol on X, the attacker targeted a flaw in the pricing mechanism of Cetus, causing an immediate break from all intelligent contract activities. The project blockchain data show that the feat brought in $ 223 million in chips.

From this sum, $ 61 million was transferred to Ethereum via bridges, while the remaining $ 162 million was fixed by validators of the SU network.

Cetus has not revealed when normal trading will resume or if the team will implement code changes before reactivating contracts.

Validator’s action stimulates the decentralization debate

According to his block explorer,, Suis welcomes 114 active validators. May 22, sui declared That a large plurality has agreed to reject any transaction from the striker’s wallets shortly after the violation.

The collective frost prevented the remaining transfer of $ 162 million and locked the chain tokens.

GAUTHAM SANTHOSH, co-founder of Polynomialfi, Written on x that the cryptographic community now weighs the benefit of rapid protection of assets against the involvement that validators can suspend specific accounts at will.

Although he pointed out that the process required consensus and was not arbitrary, the episode changed the safety hypotheses concerning the blockchains of layer 1.

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