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

Internet reports that Cetus said on social platforms that the Sui community recently approved a proposal that would release approximately $162 million seized during the Cetus breach last week, allowing DEX to repay users and resume full operations. Affected funds will be transferred to a multi-signature wallet and held in custody until they are returned to users under a Cetus-led plan. In response, Cetus announced plans to complete a comprehensive recovery and restart in about a week, including protocol upgrades, data recovery, restarting the upgraded CLMM contract, and comprehensive restoration of all suspended product functions (including LP functions).

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