The hacker behind the UXLINK crypto breach has sold $11.8 million worth of Ethereum but walked away with no gains. The attacker swapped 5,496 ETH for DAI within an hour, yet failed to profit from the transaction. This unusual outcome highlights the challenges in tracking and recovering stolen crypto assets.
The UXLINK hack, which occurred in September 2025, resulted in a $44 million loss due to a smart contract flaw. Despite multiple sell-offs, the hacker's attempts to capitalize on the stolen funds have been unsuccessful. The incident underscores the difficulties faced by investigators in tracing and recovering assets in decentralized finance (DeFi) environments.
Meanwhile, Ethereum's price remains stable, currently valued at $2,142, showing resilience despite the hacker's large-scale sell-off. The altcoin has seen an 8% increase over the past month, indicating positive market sentiment.
UXLINK Hacker Sells $11.8M in ETH, Fails to Profit
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