The Cetus team released an update on the hacker incident tracking, and some of the stolen funds have been frozen.

According to Gate News bot, as reported by Wu Shuo, the Cetus team has released the latest developments regarding the hacker incident. Currently, some of the stolen funds remain frozen on the Sui chain, while the rest of the funds have been transferred off-chain.

The team has adopted a dual approach to recovery: on one hand, negotiating with white hat hackers, and on the other hand, initiating legal proceedings. At the same time, the team proposes to unlock the frozen assets through PoS voting in the Sui community.

In terms of service recovery, the aggregator function has reopened, and the CLMM liquidity pools that were not affected by the attack will gradually resume operations after completing data repairs. The development team is working on system data repairs while formulating compensation and fund recovery plans, and is committed to making every effort to compensate users for their losses.

Original Link