Reward: Cetus Offers $5M for Hackers

Cetus Offers $5 Million Reward for Hacker Information

• Cetus, a decentralized exchange, offers a $5 million reward for information leading to a hacker’s arrest.
• The security breach occurred on May 22, with Cetus reporting losses of approximately $60 million.
• Lookonchain estimates the damages from the attack to exceed $260 million.
• No communication has been received from the hacker despite efforts to engage them.
• The Sui Foundation supports Cetus financially and will decide on the reward distribution.

Cetus is actively working with Inca Digital and law enforcement to recover stolen assets, emphasizing their commitment by offering a substantial reward for information. The discrepancy in loss estimates highlights varying assessments within the crypto community.