UXLINK Exploiter Converts 5,496 ETH to 11 Million DAI Following Hack

PeckShieldAlert posted on X that the exploiter of UXLINK has converted 5,496 ETH into approximately 11 million DAI. The incident follows a security breach on September 22, 2025, when UXLINK's multisig wallet was compromised, leading to losses exceeding $44 million. The hack has raised concerns about the security of multisig wallets and the need for enhanced protective measures in the crypto industry.