Suspected $29 Million Hack on Sui Network Revealed

According to PANews, blockchain investigator ZachXBT has disclosed a suspected hack on the Sui network, which occurred on December 12, 2024. Approximately $29 million, equivalent to 6.27 million SUI tokens, was reportedly stolen. The stolen funds were transferred from Sui to Ethereum via Bridgers and subsequently deposited in batches into Tornado Cash. Shortly after the theft, the victim transferred their .sui domain to a new, unaffected address. The incident has been challenging to trace due to limitations in the Sui blockchain browser's capabilities.