UXLINK(UXLINK), security incident occurred…requested exchanges to freeze suspicious deposits
JH Kim
Summary
- The UXLINK team said a security incident related to a multisignature wallet resulted in a large amount of virtual assets being transferred to exchanges.
- The team said it requested major exchanges to freeze suspicious deposits and reported the incident to the police.
- It said UXLINK is currently down about 40% on Upbit.
On the 22nd (local time), the UXLINK team said on its official X (formerly Twitter) that a security incident related to a multisignature wallet had occurred, and as a result a substantial amount of virtual assets (cryptocurrencies) had been transferred to exchanges.
The team said it is cooperating with internal and external security experts and has asked major exchanges to freeze suspicious UXLINK deposits. They added that they had reported the incident to the police.
Earlier, crypto security alert platform CyberAlert warned of suspicious transactions amounting to about $11.3 million. Currently UXLINK is down about 40% on Upbit.
JH Kim
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