Trust Wallet Hack: CZ to Reimburse $7 Million After Chrome Extension Vulnerability

A Chrome extension vulnerability hit Trust Wallet, causing $7M in losses. CZ pledges reimbursement for all affected users as investigators probe the breach.

Rich by Coin

2025-12-26

Trust Wallet, a crypto wallet owned by Binance founder Changpeng Zhao, has been compromised, resulting in the theft of at least $7 million in cryptocurrencies. Zhao, better known as CZ, confirmed that the wallet platform will cover the losses of all affected users, and he noted that user funds are SAFU. The breach stemmed from a vulnerability in a version of the Trust Wallet Google Chrome browser extension, and developers urged users to disable the affected version and upgrade to the latest one. Crypto investigator ZachXBT has estimated hundreds of Trust Wallet users were affected, and the team is investigating how hackers were able to submit a new version.

Trust Wallet also confirmed that mobile-only users and users of other browser extensions were not affected. So far, about $7 million has been affected by this hack. The investigation is ongoing as Trust Wallet and CZ’s team monitor the situation and provide updates.