Cetus releases report on theft, will promote LP recovery plan and strengthen security audit

PANews reported on May 27 that Cetus officially released a report on the theft of the CLMM liquidity pool on May 22. The attacker exploited a vulnerability in the open source library to lower the pool price to build a position, injected inflated liquidity by taking advantage of the overflow check defect, and then removed liquidity to extract assets many times, ultimately stealing funds. Cetus responded immediately, and with the support of most Sui verification nodes, urgently froze the attacker's two Sui wallet addresses containing the main stolen funds, and the remaining funds have been transferred across the chain by hackers. Currently, Cetus is working with the Sui security team and auditing agencies to review the contract and conduct a joint audit to ensure that services are restored after safety, and will also strengthen on-chain monitoring and auditing. At the same time, Cetus is developing an LP recovery plan, calling on Sui validators to support voting, and issuing an ultimatum to the attacker, and will continue to inform the community of progress in the future.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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