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🚨BREAKING: Cetus, main LP provider DEX on $SUI, allegedly hacked.

$11M in $SUI drained from SUI/USDC pool, with most tokens down 75%+ as pools are emptied.

h/t Chewie for the heads up

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phatso

Its not a hack, it was a bug

andreas marx

ahhhh ok. I wondered why sui was going down yesterday of all days. I thought... " well it's not big enough to decouple - LMAO " it's blow over... look at SOL... I used to think it was a broken chain, too many downtime ( add SBF and I stayed out of it for a long time 😔)