Cetus plans to complete a full recovery and restart in about a week

PANews reported on May 31 that the Sui community recently approved an on-chain proposal that will release about $162 million seized during the Cetus breach last week, allowing the DEX to repay users and resume full operations. The affected funds will be transferred to a multisig wallet and held in escrow until they are returned to users under a Cetus-led scheme. In response, Cetus announced that it plans to complete a full recovery and restart in about a week, which includes data recovery, restarting the upgraded CLMM contract, and fully reinstating all suspended product features (including LP functions).

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