We’ve learned that a Cetus smart contract was hacked this morning for approximately 223M and Cetus subsequently paused their smart contracts to prevent further theft. Cetus worked together with the other DeFi protocols, the Sui Foundation, and the Sui validators to collectively protect the ecosystem. A large number of validators identified the addresses with the stolen funds and are ignoring transactions on those addresses until further notice. The Cetus team is exploring paths to recover those funds and return them to the community. An incident report from Cetus is forthcoming. The Sui Foundation and the rest of the ecosystem are committed to supporting Cetus as they work through this incident.