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Sui Foundation will provide a loan to Cetus to compensate for stolen assets that have crossed the chain

Foresight News
Foresight News|May 28, 2025 01:27
According to Foresight News, Sui tweeted that the Sui Foundation will provide Cetus with a secured loan as part of a quick and full compensation plan for user losses. The Cetus team will use the loan funds and assets from its own vault to compensate for the loss of assets stolen and transferred across the Sui network. This fund is only used to compensate for stolen assets that have crossed the chain, and has nothing to do with the frozen funds currently being processed through on chain community voting.
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