The Cetus team, a decentralized crypto exchange (DEX) on the Sui blockchain, has successfully frozen $162 million of the $220 million stolen in a hack on May 22. Working alongside the Sui Foundation and other ecosystem stakeholders, the team aims to recover the remaining funds. Many validators in Sui have identified and are ignoring transactions from the wallet addresses linked to the stolen funds. The hack is noted as part of a troubling trend in 2025 regarding cyber breaches in the cryptocurrency industry. Concerns have been raised about the implications of the validators' ability to freeze wallets, questioning the network's decentralization. The recovery efforts are a mixed response from the crypto community, balancing the victims' need for justice and the implications for the network's censorship resistance.

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