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Trust Wallet Incident Deepens as CZ Suggests Possible Insider Role

BeInCrypto
CZ suggested an insider role in the Trust Wallet Chrome extension breach, which affected about $7 million in user funds.

Summary

The fallout from the Trust Wallet Chrome extension incident intensified after Changpeng Zhao (CZ) publicly suggested that the breach, which affected approximately $7 million in user funds, likely involved an insider. Trust Wallet confirmed that only Browser Extension version 2.68 was compromised and assured all impacted users would be fully reimbursed, with instructions forthcoming. CZ noted that investigators are examining how the compromised update passed distribution controls, pointing toward internal access or credential compromise rather than a traditional external exploit. This incident highlights growing security concerns around update governance and insider risk management for crypto wallets relying on browser extensions. Trust Wallet's native token, TWT, experienced a brief dip but rebounded after the confirmation of refunds.

(Source:BeInCrypto)