UXLINK Releases Full Process Review of Security Incident: Over $11 Million in Assets Stolen Due to External Attack
The CEO of UXLINK, Rolland Saf, released a security incident review report, providing a comprehensive explanation of the asset theft incident and emphasizing that this event was not caused internally by the project team.According to the report, the attackers disguised themselves as business partners and utilized deepfake video conferencing to breach the personal devices of several SAFE key holders over several months, stealing sensitive information such as passwords and private keys, ultimately gaining control of the old arb-UXLINK smart contract. The hackers then illegally minted tokens, transferred, and sold assets, resulting in total losses exceeding $11 million. The incident occurred during the Korea Blockchain Week, with several core members present on-site. The team quickly reported to exchanges, cooperating security agencies, and law enforcement in multiple countries, confirming that the attack originated externally rather than internally.Rolland Saf pointed out that the stolen assets were distributed among USDT, ETH, BTC, etc., with some assets already recovered with the assistance of exchanges for repurchase. The report explicitly denied speculation of a "runaway," stating that UXLINK has real revenue, commercial clients, and a global user base, and that the entire incident was kept open and transparent. The team has completed contract reconstruction, restoring 479 million circulating tokens on a 1:1 basis, and unlocked 12% of tokens in advance for compensation to users of major exchanges based on governance voting. Currently, law enforcement in multiple countries has intervened in the investigation, and related addresses are being continuously monitored. UXLINK stated that it will continue to strengthen its security system and promote business developments such as AI growth and the payment ecosystem FujiPay, emphasizing that the project's long-term prospects are stable and still in a rapid growth phase.