Chaos on the SUI Frontier: $260M Vanishes, Investors Left Gasping!

Ah, dear reader, gather round and behold the latest farce upon the digital steppes! Cetus Protocol, that proud and bustling bazaar of the SUI network—where coins jingle merrily and traders dream of riches—has been relieved of a staggering $260 million. Yes, you heard right! One might say the money simply packed its bags and strolled away, whistling a jaunty tune. Meanwhile, SUI’s price has taken a tumble worthy of a drunken Cossack, now languishing at $3.81—a 15% drop that would make even the most stoic babushka clutch her head.

But wait! Enter CZ, the Binance founder, galloping in like a czar with promises of support. Investors, clutch your ledgers and hope for a miracle—or at least a refund.

The culprit? A mysterious soul known only as “0xe28b50.” (No, it’s not the name of a new Tolstoy character.) This digital bandit now sits atop a mountain of 12.9 million SUI, worth about $54 million. Not content to simply hoard his loot, our hacker is laundering it faster than a Petersburg laundress before the Tsar’s inspection—converting SUI to USDC, then whisking $60 million to Ethereum and swapping it for ETH. Analyst Ted, ever the watchful scribe, confirms: $60 million in ETH tokens now nestle in the villain’s purse.

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2025-05-22 17:52