The firm has shared the update on its X post. The firm stated that the Sui Foundation is also helping it by giving a loan to cover the money the hacker moved off the network. Plus, Sui is putting $10 million into improving security so such an incident does not happen again. The vote, which involves Sui validators and token holders, is a big deal, and Cetus is asking everyone in the Sui community to support it to help make things right.
Cetus and the Sui Foundation are both working together to handle this crisis after the hack in the DeFi space. Cetus is focused on paying back the money to its users. By taking this initiative, the firm aims to make the Sui DeFi system safer so that the system can manage problems better in the future. The firm will share a detailed plan outlining how it intends to assist everyone who lost money in the hack.
