Woah that’s a big hack!

Suspicious activity totaling $11.3 million linked to @UXLINKofficial has been detected!
One Ethereum address performed a delegateCall, revoked the admin privileges, and invoked the "addOwnerWithThreshold" function prior to moving out $4 million in USDT, $500,000 in USDC, 3.7 WBTC, and 25 ETH.
The USDC and USDT were all converted to DAI on the Ethereum blockchain, whereas USDT on Arbitrum was exchanged for ETH and then transferred across to the Ethereum network.
Shortly afterward, a different address acquired 10 million UXLINK tokens (valued at around $3 million), started exchanging them, but continues to retain approximately $2.2 million worth that hasn't been swapped yet (process is still in progress).
12.2K
28
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.