The post Trust Wallet Hack Victim? Here Is Your Compensation 101 appeared on BitcoinEthereumNews.com. Trust Wallet started reimbursement program, CEO Eowyn ChenThe post Trust Wallet Hack Victim? Here Is Your Compensation 101 appeared on BitcoinEthereumNews.com. Trust Wallet started reimbursement program, CEO Eowyn Chen

Trust Wallet Hack Victim? Here Is Your Compensation 101

  • Trust Wallet started reimbursement program, CEO Eowyn Chen says
  • $7 million Trust Wallet hack: What we know so far

Eowyn Chen, the CEO of Trust Wallet, a Binance ecosystem self-custody crypto wallet that had its Google Chrome extension compromised yesterday, shares the first details of its reimbursement road map. Meanwhile, it is still unknown how the attackers managed to inject malicious code into the plugin release.

Trust Wallet started reimbursement program, CEO Eowyn Chen says

All Trust Wallet users who lost their funds as a result of the Dec. 24-26 Google Chrome extension hack can claim a refund via a purpose-made domain. Such a statement was posted by Trust Wallet CEO Eowyn Chen on her X account.

As per the statement, affected users should only apply for the compensation via the official dashboard. The procedure will be conducted with the minimum volume of details to fill.

Users interested in reimbursement should specify their email addresses, compromised wallet addresses, the hacker’s addresses and wallet-draining transaction hashes.

In the description field of the request, users should share the current reimbursement sum and the address of the new wallet for compensation. Chen recommended to create a new wallet specially for the reimbursement procedure.

$7 million Trust Wallet hack: What we know so far

Also, data about the residence of victims is collected for further criminal proceedings against the malefactors.

The Trust Wallet team stresses that users should stay aware about potential impersonation scams with fake compensation programs. The legitimate initiative does not ask for passwords, personal data and seed phrases.

As covered by U.Today previously, attackers injected malicious JavaScript code into the v2.68 release of the Google Chrome plugin of Trust Wallet. All users who logged in between the release (Dec. 24) and the attack’s discovery (Dec. 26) have had their seed phrases intercepted by thieves.

You Might Also Like

It is highly likely that the attack became possible due to a leak of API keys involved in the process of publishing Trust Wallet upgrades in Google Chrome’s plugin marketplace.

Source: https://u.today/trust-wallet-hack-victim-here-is-your-compensation-101

Piyasa Fırsatı
Intuition Logosu
Intuition Fiyatı(TRUST)
$0.1092
$0.1092$0.1092
+0.27%
USD
Intuition (TRUST) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Paylaş
PANews2025/04/14 17:12
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Paylaş
PANews2025/09/17 23:51
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Paylaş
BitcoinEthereumNews2025/09/17 23:52