*|4FD+B=?:_GJIV#-0;@}~@
SYSTEM PROCESSING...
*|4FD+B=?:_GJIV#-0;@}~@
SYSTEM PROCESSING...
Posted: 2025-05-31 11:56:49 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-31 11:57:09 UTC
Verified By
Rollup News
Cetus provides an update on the recovery process following the on-chain vote approval, confirming the secure transfer of quarantined funds to a multisig trust wallet managed by Cetus, the Sui Foundation, and OtterSec. They are advancing with contract upgrades, liquidity restoration, and relaunch preparations, and have scheduled a Twitter Space on June 2, 2025 (UTC) to discuss the incident and recovery progress.
Secure transfer of quarantined funds to a multisig trust wallet
Advancement of contract upgrades and liquidity restoration
Scheduled Twitter Space for community engagement on June 2, 2025
Commitment to a safe and complete recovery
Recovery from the incident that led to fund quarantine
Restoring user trust and protocol operations
Executing the recovery roadmap effectively