🚹 BREAKING: #Binance founder Changpeng Zhao (CZ) has confirmed that the Trust Wallet platform was hacked, resulting in the theft of approximately $7 million worth of #cryptocurrency. ïżœ

Finance Magnates

đŸ”č The breach occurred due to a security issue in the Trust Wallet Chrome browser extension (version 2.68), which was compromised and allowed attackers to drain users’ funds. ïżœ

đŸ”č CZ publicly stated that Trust Wallet will cover all the losses for affected users and emphasized that users’ assets are “SAFU” — meaning secure and protected under the platform’s Secure Asset Fund for Us

ers. ïżœ

đŸ”č Trust Wallet developers have advised users of the affected extension to disable it and immediately update to the fixed version (2.69) to prevent further unauthorized access. ïżœ

đŸ”č The company is still investigating how the malicious version was able to be submitted and distributed, and mobile app users were reportedly not affected.

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