- Trust Wallet has initiated identity verification as a precaution against false claims following the December 25 exploit on its browser extension.
- The wallet flagged 2,596 compromised addresses but received almost 5,000 claims, indicating possible instances of duplicate and false submissions.
- Trust Wallet users lost nearly $7 million from the hack, and rumors suggest possible insider involvement.
Trust Wallet has launched a wallet verification phase amid attempts to reimburse victims after its Chrome extension was compromised on December 25. The wallet stated that it had received close to 5,000 claims, yet it had identified only 2,596 compromised addresses.
Trust Wallet has updated its response strategy to incorporate wallet verification processes amid a rise in claims of compromised wallet addresses. The company has flagged thousands of compromised addresses, yet it claims to have received more claims than initially anticipated. The excessive claims imply that non-victims may have submitted fraudulent claims or that actual victims duplicated their submissions.
Trust Wallet to verify wallet addresses for reimbursement
2/ 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 which…
— Eowync.eth (@EowynChen) December 28, 2025
Trust Wallet CEO Eowyn Chen issued an...
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