UXLINK Hacker Falls Victim To Phishing Attack, Still Retains Huge Profits

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The UXLINK hack saga continues to spiral into a strange, almost poetic mess, with the original hacker now the victim of their own reckless greed. This hacker, who managed to nab $11 million in assets, turned around and lost $48 million in a phishing scam. Ah, the sweet irony.

But wait-there’s a silver lining. Despite being duped, the hacker still made a tidy $28 million from minting and selling new UXLINK tokens. If nothing else, this criminal certainly knows how to capitalize on a disaster.

UXLINK Thief Profits Despite New Hack

In what can only be described as a dramatic plot twist worthy of a crypto-thriller, yesterday’s $11 million UXLINK hack stirred up quite the ruckus in the crypto community. The hacker, having successfully gained minting privileges, minted a mind-boggling 2 billion new tokens on Arbitrum, throwing Upbit’s UXLINK listing into utter chaos. You’d think this was an episode of a show nobody was watching, but they were all watching.

But here’s the real kicker. Just 24 hours after their daring UXLINK heist, the hacker-who we can only assume is a person of remarkable irony-fell victim to a phishing attack. The result? A loss of 542 million $UXLINK tokens, which translates to a staggering $48 million. Let’s take a moment to appreciate the poetic nature of this turn of events:

Interestingly, the hacker who attacked $UXLINK was targeted by a phishing attack and lost 542M $UXLINK($48M).

– Lookonchain (@lookonchain) September 23, 2025

It seems the hacker has now lost far more than they ever stole. And, considering they minted billions of tokens in their spree, this isn’t exactly surprising. So, what’s a person to do? Apparently, launder $28.1 million into ETH before the rug got pulled out from under them. Classic move, really.

Let’s be real: at the end of the day, despite the phishing incident, this hacker is still technically in the black. The initial hack was only worth $11 million, but that minting spree? Oh, that was their true breadwinner. I suppose the moral of the story here is that even criminals need a solid exit strategy.

Resolving the Minting Chaos

Needless to say, the UXLINK team has been running around like chickens with their heads cut off. According to their latest update, these hacks have absolutely shredded both “the UXLINK whitepaper and the community’s consensus.” Well, no one said a good hack wouldn’t stir things up a bit.

In response, the developers are taking a few “proactive” measures. First, they’ve confirmed that a token swap is on the horizon. Several “major CEX partners” have thrown their hats in the ring, pledging full support for this mysterious token swap plan designed to stabilize UXLINK’s crumbling economy. Fingers crossed, folks.

Security Notice – Update 4

We would like to share the latest updates regarding the UXLINK token contract migration:

1. The ongoing unauthorized minting of UXLINK tokens has undermined both the UXLINK whitepaper and the community’s consensus.
2. We have engaged with major CEX…

– UXLINK (@UXLINKofficial) September 23, 2025

On top of this, UXLINK has cooked up a new smart contract, because apparently the old one couldn’t handle the heat. This new contract will come with a fixed supply of tokens, ensuring that no one-criminal or otherwise-can hijack the minting functionality again. Smart, right?

They’ve even gone the extra mile and requested a third-party security audit. Because, you know, after losing $48 million in one fell swoop, why not double-check the work? Oh, and they’re preparing a comprehensive incident report to go along with it. Because nothing says “we’ve got it under control” like a fancy report.

These efforts may have prevented the price from tanking further, but rebuilding customer trust is going to be a Herculean task. As the team puts it, the mint-and-burn functions were once integral to cross-chain interactions. Now, though, UXLINK’s new whitepaper will need to find an entirely new way to rebuild their broken economy. No pressure.

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2025-09-23 21:19