The post Trust Wallet Adds Verification Amid Excess Reimbursement Claims After Chrome Extension Hack appeared on BitcoinEthereumNews.com. Trust Wallet has initiatedThe post Trust Wallet Adds Verification Amid Excess Reimbursement Claims After Chrome Extension Hack appeared on BitcoinEthereumNews.com. Trust Wallet has initiated

Trust Wallet Adds Verification Amid Excess Reimbursement Claims After Chrome Extension Hack

  • Trust Wallet confirmed 2,596 affected addresses from the hack.

  • Nearly 5,000 claims received, suggesting possible duplicates or false submissions.

  • Verification uses multiple data points; $7 million in losses across Bitcoin, Ethereum, Solana, and BNB Chain assets.

Trust Wallet hack reimbursement update: Verification phase launched for 2,596 addresses amid 5,000 claims post-Chrome extension breach. Learn verification process, CEO insights, and victim steps for secure recovery. Stay protected in 2025 crypto security landscape.

What is Trust Wallet’s Reimbursement Process After the Chrome Extension Hack?

Trust Wallet’s reimbursement process involves a mandatory wallet verification phase to authenticate claims from victims of the December 25, 2025, Chrome extension hack. The company identified 2,596 compromised addresses but received around 5,000 claims, prompting rigorous checks to eliminate fraud. CEO Eowyn Chen announced they are prioritizing accuracy, using multiple data points to confirm ownership before issuing reimbursements.

How Did Hackers Compromise the Trust Wallet Chrome Extension?

The Trust Wallet Chrome extension, version 2.68, contained malicious code disguised as an analytics module, registered under the fake domain metrics-trustwallet.com just days prior. When users opened the wallet or entered seed phrases, the code captured and sent data to hackers, enabling wallet restoration and drainage of $7 million in assets like Bitcoin, Ethereum, Solana, and BNB Chain tokens. Blockchain security firm SlowMist noted the attackers likely knew the extension’s source code, facilitating advanced preparation, laundering via exchanges and bridges, and potential dark web sales of stolen user data for around $100 per record.

Trust Wallet CEO Eowyn Chen provided an update on X, stating: “We’re prioritising accuracy over speed to protect affected users, and we aim to share further work-in-progress details as soon as we can, likely tomorrow. So far, we’ve identified 2,596 affected wallet addresses. From this group, we’ve received around 5,000 claims.”

Binance founder Changpeng Zhao confirmed Trust Wallet’s commitment to full victim reimbursements, assuring users that “funds are SAFU” while investigations probe potential insider involvement, though unconfirmed. The team continues internal probes, treating compensation as the top priority with all members focused on resolution.

Earlier reports indicated Trust Wallet launched claim submissions via an online form on its portal, but the surge in claims necessitated verification to distinguish legitimate victims from opportunists. This structured approach ensures funds reach verified owners, rebuilding trust post-incident.

Frequently Asked Questions

Will Trust Wallet Fully Reimburse Victims of the Chrome Extension Hack?

Yes, Trust Wallet pledges full reimbursement to verified victims. With 2,596 confirmed compromised addresses and processes to validate nearly 5,000 claims, CEO Eowyn Chen stresses accuracy to prevent fraud, using data points for ownership proof before payouts.

What Should Users Do If They Suspect Their Trust Wallet Was Compromised in the Hack?

If you used version 2.68 of the Chrome extension around December 25, 2025, check your address against Trust Wallet’s flagged list and submit a claim through their official portal with verification details. Avoid re-entering seed phrases, update to the latest version, and monitor for unauthorized activity to secure your assets.

Key Takeaways

  • Verification Priority: Trust Wallet identified 2,596 hack-affected addresses but verifies 5,000 claims meticulously.
  • Hack Mechanics: Malicious code in extension v2.68 stole seed phrases, draining $7M across major chains.
  • Next Steps for Users: Submit verified claims promptly and update extensions to prevent future risks.

Conclusion

The Trust Wallet hack reimbursement process, including its wallet verification phase, demonstrates a commitment to victim recovery following the Chrome extension breach that compromised 2,596 addresses. By addressing excessive claims and investigating thoroughly, Trust Wallet upholds security standards. Users should prioritize official channels for claims as the crypto ecosystem advances safer protocols in 2025.

Source: https://en.coinotag.com/trust-wallet-adds-verification-amid-excess-reimbursement-claims-after-chrome-extension-hack

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