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UXLink Says Multisig Wallet Hack Exceeded $44 Million

According to PeckShield, funds tied to the Sept. 22, 2025 UXLink hack were swapped from 92 WBTC into about 3,248 ETH, with 1,500 ETH later deposited into Tornado Cash.

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Summary

UXLink previously said its multisig wallet was hacked on Sept. 22, 2025, with losses exceeding $44 million. In a new update, PeckShield reported that the attacker swapped 92 WBTC worth about $6.4 million for roughly 3,248 ETH and then deposited 1,500 ETH into Tornado Cash. The latest details add traced post-hack fund movements to the earlier disclosure of the exploit.

Terms & Concepts
  • WBTC: Wrapped Bitcoin, a tokenized version of Bitcoin that can be used on other blockchain networks and in smart contract applications.
  • Multisig wallet: A shared-signature wallet that requires multiple approvals to authorize transactions, often used to secure organizational or treasury funds.
  • Tornado Cash: A crypto mixing service that obscures transaction flows by pooling and redistributing digital assets.