ChainCatcher reported that on platform X, Cetus indicated no contact from the hacker responsible for a recent incident, urging consideration of their terms.

The Sui Foundation’s $5 million reward highlights the investment in safeguarding the crypto market, supported by Inca Digital.

Sui Foundation Offers $5 Million Bounty for Hacker Information

Sui Foundation, backed by Inca Digital, declared a $5 million bounty for information leading to the capture of the hacker targeting Cetus. Despite the offer, Cetus confirmed no communication from the hacker as of now. If the hacker cooperates, Sui Foundation promises immunity from further legal action, with the bounty’s outcome at their discretion. Community responses spotlight concern, emphasizing collaboration against cyber threats. Experts stress the necessity of robust security measures in light of this incident.

Bounty Move Reflects Growing Cybersecurity Importance

Did you know?
While bounty offers aren’t new, this substantial reward underscores a growing trend of aligning incentives to bolster cybersecurity measures within the crypto community.

[Past incidents have shown](https://go.chainalysis.com/2025-Crypto-Crime-Report.html) substantial hacker impact on the crypto industry, raising questions about financial stability. The decision by Sui Foundation aims to restore confidence. Analysts believe this move could set a precedent, potentially influencing future regulatory frameworks. The collaboration with Inca Digital reflects the intersection of technology and enforcement, seeking a balance between innovation and security.

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