The post Trust Wallet extension exploit a possible insider job, victims to be compensated appeared on BitcoinEthereumNews.com.

Several users of the Binance-owned Trust Wallet have been affected by a major security issue involving a recent version of its Chrome extension. Former Binance CEO Changpeng Zhao has confirmed that Trust Wallet will compensate affected users. Summary Trust Wallet confirmed a security incident tied to version 2.68 of its Chrome extension. On-chain investigator ZachXBT flagged the issue after multiple users reported unauthorized outflows. Former Binance CEO Changpeng Zhao said Trust Wallet will reimburse affected users as the team investigates. Trust Wallet has acknowledged that a security incident affecting version 2.68 of its browser extension led to user funds being drained without any transaction approvals. crypto.news reached out to Trust Wallet for comments, but did not hear back by publication time. On-chain sleuth ZachXBT was the first to warn about the issue on Telegram, where several users were already reporting unauthorized outflows. At the time, the investigator was not yet able to identify the exact nature of the exploit but speculated that it may have been linked to the recent update of the extension. Based on a list of affected wallet addresses, ZachXBT estimates total losses to be upwards of $6 million from hundreds of users. Separately, a wallet associated with the exploiters and tracked by Arkham shows that the attackers used several receiving addresses and immediately started moving funds in small amounts across multiple wallets. As of press time, the wallet still held over $2.7 million worth of various cryptocurrencies. Trust Wallet has not yet published a detailed post-mortem of the breach, but has urged users to immediately upgrade to version 2.69. “Do NOT open the Trust Wallet Browser Extension on your desktop device to ensure the security of your wallet and prevent further issues,” Trust Wallet said in a subsequent post. To safely upgrade, users must navigate using…

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Filed under: News - @ December 26, 2025 7:26 am