Trust Wallet Begins Repaying Users After $7 Million Extension Hack

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Trust Wallet announced on Friday the start of a formal reimbursement program for users impacted by a security breach in its Chrome browser extension. The initiative comes just two days after malicious code was identified within version 2.68 of the software, prompting the urgent response.

Eligible users are directed to submit their claims via a dedicated form on Trust Wallet’s official support portal. The form requires detailed information, including the victim’s email, country of residence, their compromised wallet addresses, the attacker’s destination addresses, and relevant transaction hashes. The company has made a commitment to reimburse all verified losses from the incident.

In a statement on social media platform X, Trust Wallet noted the complexity of the effort, stating teams are working continuously to finalize the process, with each case undergoing meticulous verification to ensure both accuracy and security throughout the compensation procedure.

The company confirmed that losses totaled roughly $7 million in digital assets stolen across several blockchains, including Bitcoin, Ethereum, and Solana. Blockchain analysts at PeckShield reported that over $4 million of the stolen funds had already been funneled through centralized exchanges like ChangeNOW, FixedFloat, and KuCoin, while about $2.8 million remained in the attacker’s wallets as of late last week.

Changpeng Zhao, founder of Binance—which acquired Trust Wallet in 2018—publicly affirmed on X that the company would cover all user losses. “So far, $7m affected by this hack. TrustWallet will cover,” Zhao wrote, adding the assurance that user funds “are SAFU.”