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May 25, 2025
Cetus Protocol Suffers $223 Million Breach, Offers Threat Actors Legal Amnesty and $5M Bounty for Leads
Decentralized exchange "Cetus Protocol," operating on the Sui and Aptos blockchains, confirmed a $223 million cryptocurrency theft due to a vulnerable package, with $162 million of the funds paused following emergency measures. The platform, which uses a "Concentrated Liquidity Market Maker" (CLMM) model, temporarily halted operations for investigation and has since identified the threat actors’ Ethereum wallet. "Cetus" offers the threat actor a legal amnesty deal if the funds are returned and has issued a $5 million bounty for information leading to their identification and arrest.
