According to the Shahr-e-Bourse, Changpeng Zhao (CZ), the former CEO of Binance, has confirmed via a post on X (formerly Twitter) that the Trust Wallet platform has been compromised.
According to initial investigations, attackers released a malicious version of the Chrome browser extension, allowing them to access users’ “Seed Phrases” (recovery words). So far, over $7 million in digital assets have been stolen.
Attack Details & User Status
| Subject | Status / Details |
| Attack Target | Chrome Browser Extension Only |
| Mobile Version | ✅ Safe (Unaffected) |
| Total Loss | $7 Million (So far) |
| Method | Accessing Recovery Phrases (12 Words) |
| Compensation | Reimbursement process initiated by Trust Wallet |
This incident serves as a serious alarm for those using “Hot Wallets” on desktop browsers.
Immediate Action: If you use the Trust Wallet Chrome extension, move your assets to a new wallet (with a fresh seed phrase) immediately.
Mobile Safety: Fortunately, users of the mobile application (Android & iOS) are safe and do not need to worry.
Refund Promise: Trust Wallet’s announcement regarding user compensation may restore some lost trust, but this is a significant blow to the brand’s security reputation.
