SUI freezes $160M after exploit, hacker moves $60M to ETH, Cetus attack reveals decentralization myth beyond BTC and ETH

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SUI froze $160M from the Cetus hacker, on-chain, out of over $220M. The $60M gap was bridged to ETH.

While this is good in this case, this shows SUI network can freeze your funds on demand.

Decentralization is just marketing outside of BTC/ETH.

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