The post Trust Wallet Exploit Drains $7M: Hundreds Of Users Affected appeared on BitcoinEthereumNews.com.

Amid already fragile sentiment across the crypto market, attackers exploited Trust Wallet, shaking confidence in self-custody solutions. The breach has impacted hundreds of users, with on-chain data showing that more than $6.77 million has already been stolen. The timing has amplified concern, coming at a moment when investors are already navigating heightened uncertainty, declining prices, and rising risk aversion. According to the Trust Wallet team, the exploit appears to be linked to a recent update to its Chrome browser extension. In a public statement posted on X, the company urged users to take immediate action, stating: “Users with Browser Extension 2.68 should disable and upgrade to 2.69.” The message suggests that the vulnerability was isolated to a specific version of the extension, rather than the core wallet infrastructure, but the scale of the losses has nonetheless raised alarm. Trust Wallet is one of the most widely used self-custody wallets in the industry. Reporting a user base of roughly 220 million people globally. That reach makes any security incident particularly significant, not only because of the direct financial impact, but also due to the broader implications for trust in non-custodial platforms. As investigations continue and affected users assess the damage, the exploit adds another layer of stress to a market already grappling with weak sentiment and elevated skepticism toward crypto infrastructure. Funds Tracked As Trust Wallet Commits To Full Reimbursement On-chain investigators have begun tracing the movement of funds linked to the Trust Wallet exploit. According to analysis shared by Lookonchain, the attacker has already transferred approximately $5.5 million through a combination of instant swap services and centralized exchanges, including ChangeNOW, FixedFloat, KuCoin, and HTX. Routing funds through multiple channels suggests an attempt to obscure flows and accelerate laundering. A pattern commonly observed in recent wallet exploits. Despite the ongoing movement…

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Filed under: News - @ December 27, 2025 2:02 am