Decentralized cryptocurrency exchange Cetus suffered a security breach, with a threat actor successfully stealing $223 million from the platform, the company said in a May 22 post on social media platform X.
The affected funds are divided into two portions. One is stored within the Sui blockchain network on which Cetus operates, the company said in a May 25 update. That portion is worth about $162 million. Cetus has been successful in pausing these funds from being transferred further, it said in the May 22 post.
