UXLINK Hacker Falls Victim to $48M Phishing Scam

[AIcash]

The drama around UXLINK continues: the hacker responsible for an $11 million token theft has reportedly lost $48 million in a phishing attack. Ironically, the original perpetrator profited at least $28 million by minting and selling 2 billion new UXLINK tokens on Arbitrum before falling victim to the scam.

Despite the setback, the incident highlights the chaotic nature of the hack and the vulnerabilities in UXLINK’s token system.

[Abdul Khan]

Wild twist UXLINK hacker steals $11M, mints $28M, then loses $48M to a phishing scam. Chaos showing how fragile the system really was.

[Nahid Hossen]

The irony is unreal — hacker exploits UXLINK then gets rugged by phishing. Still, it exposes serious flaws in token security. ️