Cetus hackers have stolen over $200 million in funds and are now converting them into USDC

Odaily Planet Daily reported that according to the monitoring of On Chain Lens, Cetus Protocol, a liquidity provider for DEX and SUI, has been hacked. The attacker has taken control of all mining pools denominated in SUI and has stolen over $200 million in funds. They have now begun to convert the stolen funds into USDC.