UXLINK officially announced that a security vulnerability involving its multi-signature wallet has been discovered, leading to a large amount of cryptocurrency being illegally transferred to CEX and DEX. The team is working with security experts to investigate the cause and contain the situation, has contacted exchanges to freeze suspicious UXLINK deposits, and has filed a report with the police and relevant regulatory authorities to pursue legal action and asset recovery. UXLINK will continue to provide transparent updates on the latest developments.

Earlier reports indicated that UXLINK suffered an attack resulting in a loss of over $11 million.