List of Flash News about Sui freeze
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2025-05-22 18:41 |
Sui Freezes $160M of Stolen Funds: Decentralization Debates Intensify and Bearish Signals Emerge
According to @KookCapitalLLC, Sui has frozen $160 million out of the $223 million stolen in a recent exploit, raising significant concerns about true decentralization in the crypto sector. This decisive intervention demonstrates that, except for Bitcoin, most blockchain platforms retain some level of centralized control, which could undermine investor confidence and increase bearish sentiment for SUI and similar assets (Source: @KookCapitalLLC, Twitter, May 22, 2025). Traders should closely monitor SUI token volumes and price action, as increased regulatory intervention and centralization fears could drive volatility and impact the wider altcoin market. |