Cetus offers a bonus of $ 6 million for a white hat in order to recover $ 220 million in stolen digital active ingredients, while the emergency responses of the SU network have raised concerns about decentralization.
The Cetus Sui-Native decentralized Exchange (DEX) was operated for more than $ 220 million in cryptocurrency on May 22. However, Cetus managed to freeze $ 162 million from stolen funds shortly after.
Cetus has since offered a white hat bonus of up to 6 million dollars for the operator for the return of the 20,920 stolen ether, worth more than $ 55 million, as well as the rest of the stolen funds currently frozen on the AU blockchain.
“In exchange, you can keep 2,324 ETH ($ 6 million) as a bonus, and we will consider the closed affair and will not pursue any other legal, information or public action,” Cetus wrote in a message integrated into a blockchain transaction on May 22.
However, Cetus “will increase with legal and complete intelligence resources” if these assets are distant or sent to cryptocurrency mixers and have not returned quickly.
A white hat bonus is offered to ethical hackers looking for protocol vulnerabilities to prevent future exploits.
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Cryptocurrency hacks climbed $ 90 million out of 15 incidents in April, an increase of 124% compared to March when pirates stole $ 41 million in digital assets.
Meanwhile, the industry is still recovering from the largest cryptography hack, which saw Bybit Exchange lose more than $ 1.4 billion on February 21, 2025.
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Suis considers the function of an emergency white list to replace transactions
Meanwhile, the GitHub activity shows that the SUP team has planned to implement a white emergency list function which would allow certain transactions to bypass security checks, potentially to recover piracy -related funds.
“It seems that the SUP team asked each validator to deploy patch code so that he can remove the $ 160 million @cetusprotocol hacker via an uncommon TX,” said Chaofan Shou, software engineer at Solayer Labs.
However, a nameless engineer told Shou that “validators have prevented deployment and currently only deny the TX which involves hacks objects,” he said in a position on May 22.
This decision aroused criticism among defenders of decentralization, who argue that the ability to replace transactions contradicts the principles of a network without decentralized authorization.
Despite general criticism in the cryptographic community, some have seen the rapid response as a sign of progress, not centralization.
“This is what the decentralization of the real world looks like. Not only helpless, but reactive and aligned with the community,” said the Sleuth Pseudonym Crypto Matteo, adding that decentralization “does not concern people while people are injured, it is a question of acting together, without needing authorization.”
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