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May 28, 2025

Cetus Hack Victims Set for $162 Million Recovery as Price Jumps 32%

In a significant development surrounding the Cetus hack, 54% of the affected community has voted in favor of a recovery plan. The plan combines frozen assets and a $60 million loan, setting the stage for potential reimbursements to victims. Experts suggest that the current voting results are enough to proceed with the recovery plan. The Cetus price surged by 32% as positive sentiments emerge from the community. This response indicates a strong belief in the recovery process and the future of the project. Transparency and accountability appear to be crucial as the community moves forward. The forthcoming confirmation will determine the next steps for the project and its supporters in the crypto market.

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