Trust Wallet Launches Claim Portal After $7M Chrome Hack

Trust Wallet Launches Claim Portal After $7M Chrome Hack

Trust Wallet Launches Claim Portal After $7M Chrome Hack

Key Points:
  • Chrome extension breach results in Trust Wallet claim portal launch.
  • Trust Wallet committed to refunding affected users in breach.
  • Security concerns prompt investigation and process changes.

On December 24, 2025, Trust Wallet confirmed a $7 million breach involving a malicious Chrome extension version v2.68, impacting users globally and leading to urgent security measures.

The incident raises concerns about digital wallet security, prompting Trust Wallet to initiate reimbursements and highlighting vulnerabilities in browser extension reviews.

The recent breach involving Trust Wallet’s Chrome extension has led to the launch of a claim portal for affected users. Trust Wallet reported that around $7 million was compromised due to this security issue.

Eowyn Chen, CEO of Trust Wallet, explained the breach resulted from a leaked API key. The compromised version of the extension, v2.68, bypassed internal checks and affected users who logged in before December 26, 2025. “The malicious extension v2.68 was NOT released through our internal manual process. Our current findings suggest it was most likely published externally through the Chrome Web Store API key, bypassing our standard release checks,” Chen stated.

The immediate impact includes user financial losses and temporary suspension of the malicious domain. Trust Wallet emphasized their commitment to reimbursing affected users and urged caution against potential scam attempts.

Financial implications are significant, with reimbursement commitments totaling approximately $7 million. Trust Wallet emphasizes security features to prevent future occurrences. The incident has prompted process reviews and tighter security measures.

Industry reactions include stakeholder reassurances and calls for improved security standards in extension management. The breach highlights potential vulnerabilities in browser extension security protocols affecting the crypto industry.

Potential outcomes include increased regulatory attention on wallet security and changes in technical protocols. Trust Wallet announces partnerships and collaboration efforts. Trust Wallet’s swift response could bolster confidence if refunds are efficiently processed and new security measures are effective.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Exit mobile version