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Sui Validators Vote 90% In Favor of Recovery Plan After Cetus Hack

source-logo  coingape.com  + 2 more 30 May 2025 04:33, UTC

Validators representing over 90% of the stake on the Sui blockchain have voted in favor of a recovery plan to address the recent Cetus hack. The on-chain community vote concluded early due to the overwhelming support for the proposal. This decision enables the transfer of frozen funds to a multi-signature wallet to be held in trust until they can be returned to users.

coingape.com

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