PANews reported on May 22 that Cetus released an update on the X platform saying: "As of earlier today, it has been confirmed that an attacker has stolen approximately $223 million from Cetus Protocol. We have taken immediate action to lock our contracts to prevent further theft of funds. At present, $162 million of stolen funds have been successfully frozen. We are working with the Sui Foundation and other ecosystem members to jointly develop the next solution with the goal of recovering the remaining stolen funds. Most of the affected funds have been frozen, and we are actively seeking ways to recover the remaining funds. This is our current top priority, and we will provide timely updates through this channel once there is further news. A full incident report will be released later."