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Hacker Loses $48M UXLINK to Phishing Scam

You really can’t make this stuff up. A hacker who stole $48 million worth of UXLINK tokens just lost the whole stash to another criminal in a phishing scam. Talk about karma coming back to bite you in the worst possible way.

Here’s what happened: the original hacker somehow managed to illegally mint these UXLINK tokens from the blockchain project. But instead of cashing out and disappearing, they apparently fell for a classic phishing trick and handed over their wallet credentials to a different scammer.

This is one of those “hacker-on-hacker” crimes that shows just how wild the crypto underworld has become. Even the people stealing millions of dollars can still get fooled by fake websites or fraudulent messages asking for their wallet info. It’s almost like watching thieves rob other thieves.

The whole thing highlights how chaotic the crypto crime scene really is. Stolen funds don’t just sit there-they become targets for other criminals who know there’s big money floating around with questionable security. The original thief probably thought they were home free with their $48 million score, only to lose it all because they clicked the wrong link.

This isn’t the first time we’ve seen massive crypto thefts either. Remember the Ronin Network hack in 2022 where attackers made off with $600 million? The difference here is that the criminal became the victim, which is pretty rare in this space.

Conclusion

In the end, this bizarre hacker-on-hacker heist is a reminder that in crypto, no one’s safe—not even thieves. Greed, poor security, and one careless click can turn a fortune into nothing overnight.

Also Read: New Gold Protocol Loses Millions

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