This altcoin witnessed a sharp mass after the announcement of the developers – Bitrss

CETUS, the largest decentralized exchange of SUI, made an important statement regarding the compensation process for its users after the cyber attack.

The platform announced that it is ready to compensate all the affected users if the community vote succeeds and the closed money is issued.

After announcing its developers, there was a 11 % sudden increase in the price of CETUS.

The graph shows the sudden increase in CETUS.

In the statement made by CETUS, it was said that all the assets that were made outside the chain can be paid with a cash and symbol, as well as a critical loan from the Sui Foundation.

The company’s statement included the following data:

“In the aftermath of the accident, we have evaluated the effect comprehensively on our users, partners and the general ecosystems. We bear this responsibility seriously and sincerely. If the closed funds are recovered through community vote, we will compensate 100 % of the victims’ losses with the resources available to us.”

However, CETUS stated that regardless of the voting results, the compensation process will start after voting and a detailed plan will be shared with the public.

*This is not an investment advice.

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