Suspicious transactions have been detected involving UXLINK, with funds amounting to approximately 11.3 million dollars

ChainCatcher message, Cyvers Alerts posted on platform X indicating that suspicious transactions involving UXLINK have been detected, with approximately $11.3 million in funds. An ETH address executed a delegateCall, removed the admin role, and called "addOwnerWithThreshold," then transferred 4 million USDT, 500,000 USDC, 3.7 WBTC, and 25 ETH.

All USDC/USDT have been exchanged for DAI on the ETH network, while on Arbitrum, USDT has been exchanged for ETH and bridged to the Ethereum network. Another address received 10 million UXLINK (approximately $3 million) a few minutes later and currently holds about $2.2 million that has not yet been exchanged (still in progress).