According to @lookonchain, Trust Wallet has been exploited, affecting hundreds of users with losses exceeding $6.77M; source: https://twitter.com/lookonchain/status/2004432489042039144 and https://t.me/investigations/296. The attacker has already moved about $4.25M to ChangeNOW, FixedFloat, KuCoin, and HTX, indicating active off-ramps across swaps and centralized exchanges; source: https://twitter.com/lookonchain/status/2004432489042039144 and https://t.me/investigations/296. Hacker wallet clusters and transactions can be tracked via the ARKM Intel entity link shared in the report, aiding on-chain monitoring; source: https://intel.arkm.com/explorer/entity/2cd56d11-7f5b-4b00-a2e7-842663509f41 and https://twitter.com/lookonchain/status/2004432489042039144. @lookonchain also reports that CZ stated Trust Wallet will fully cover user losses, which is relevant to user recovery and sentiment; source: https://twitter.com/lookonchain/status/2004432489042039144.

According to @cz_binance, approximately $7 million has been impacted in a Trust Wallet incident and Trust Wallet will cover the losses, with user funds described as SAFU as of Dec 26, 2025 (source: @cz_binance on X, Dec 26, 2025). Trust Wallet stated the security incident affects only the Browser Extension version 2.68 and instructed users to disable 2.68 and upgrade to version 2.69 via the official Chrome Web Store link in its notice (source: Trust Wallet on X, Dec 26, 2025). Trust Wallet also noted that mobile-only users and all other browser extension versions are not impacted (source: Trust Wallet on X, Dec 26, 2025). @cz_binance added that the team is investigating how attackers were able to submit a new version (source: @cz_binance on X, Dec 26, 2025). For trading assessment, the disclosed loss figure and coverage commitment define a currently bounded scope while remediation is underway, with further updates pending from official channels (source: @cz_binance and Trust Wallet on X, Dec 26, 2025).