Trust Wallet launches compensation for browser extension hack victims
The post Trust Wallet launches compensation for browser extension hack victims appeared on BitcoinEthereumNews.com.
Trust Wallet has launched a formal compensation package for victims of a security incident affecting its Chrome browser extension. The platform announced the breach in a post, noting that malicious code was embedded in version 2.68 of the software. The wallet provider urged users to disable the malicious version and move to version 2.69. The official statement also coincided with an update from on-chain researcher ZachXBT, who identified more than $6 million in stolen funds. ZachXBT claimed that hundreds of wallets, including Ethereum, Bitcoin, and Solana, were affected by the exploit. He noted that he was unsure if the exploit had compromised private keys themselves, but urged users to generate new wallets. While some users lost small amounts of BTC, the hacker was able to steal thousands of dollars from other users. Trust Wallet launches compensation package for its users In its statement, Trust Wallet mentioned that affected users can now submit claims through an official support form hosted on its portal. The process requires victims of the hack to provide their email address, compromised wallet addresses, country of residence, the hacker’s receiving addresses, and relevant transaction details. Trust Wallet has also promised to compensate every user affected by the mishap. “We are working around the clock to finalize the compensation process details, and each case requires careful verification to ensure accuracy and security,” Trust Wallet wrote on X. The wallet provider confirmed that approximately $7 million in digital assets were siphoned from different wallets across multiple blockchains. According to blockchain security firm PeckShield, more than $4 million in stolen funds have been moved through centralized exchanges like ChangeNOW, FixedFloat, and KuCoin. The blockchain security firm highlighted that the hacker still holds more than $2.8 million in his wallets as of the last update. Changpeng Zhao, the co-founder and former…
Filed under: News - @ December 28, 2025 11:15 am