You are here: Home / News / Trust Wallet Moves to Reimburse Users After $7M Extension Breach
What to know:
- Trust Wallet confirmed about $7 million was impacted and pledged full refunds
- The breach was limited to browser extension version 2.68
- CZ said insider involvement was “most likely” as probes continue
Trust Wallet and the cryptocurrency market are still facing high levels of risk concerning the Security of wallets and users. The browser extension is an open area for many attacks, as consumers are selecting self-management tools (wallets) more frequently than in prior years.
Trust Wallet Reports $7,000,000 Losses & Commits to Offer Full Refund
IT has has announced that it experienced a $7 million loss due to a security event on Christmas Day with its browser extension. Trust Wallet posted on their social media platform X, and upon investigation, they believe that they have sufficiently determined the amount of losses from this event.
They have stated that customer service is their number one priority and have pledged to fully refund all customers who were affected.
Update on the Trust Wallet Browser Extension (v2.68) incident:
We’ve confirmed that approximately $7M has been impacted and we will ensure all affected users are refunded.
Supporting affected users is our top priority, and we are actively finalizing the process to refund the… https://t.co/2XRx8GvZ75
— Trust Wallet (@TrustWallet) December 26, 2025
Also Read: Crypto Revolution: and Revolut Offer Effortless Purchases in Europe
Incident Linked to Browser Extension Version 2.68
The company reiterated that the breach was limited exclusively to version 2.68 of its browser extension. Users running that version were urged to disable it immediately and upgrade to version 2.69 via the official Chrome Web Store. Trust Wallet stressed that mobile-only users and all other extension versions were not affected and warned users not to interact with messages from unofficial channels.
We’ve identified a security incident affecting Trust Wallet Browser Extension version 2.68 only. Users with Browser Extension 2.68 should disable and upgrade to 2.69.
Please refer to the official Chrome Webstore link here: https://t.co/V3vMq31TKb
Please note: Mobile-only users…
— Trust Wallet (@TrustWallet) December 25, 2025
CZ Says Insider Involvement “Most Likely”
Changpeng Zhao, the creator of Binance, stated prior that Trust Wallet would be responsible for the losses incurred, and user funds were “SAFU” (safe) as part of a reassurance to its customers.In a follow-up reply on X, Zhao added that insider involvement was “most likely” as investigations continued.
According to blockchain security expert Yu Xian from TrustMist, the hacker began their preparations as early as the first week of December, created a backdoor in Trust Wallet on December 12, and began transferring funds through Trust Wallet into their own accounts on December 25.
New wallet attacks are becoming more common throughout the crypto industry as reported by Chainalysis, which estimates the total number of individual wallet incidents at approximately 158,000, impacting at least 80,000 victims with total losses approaching $713 million. The total amount of stolen crypto in 2025 will exceed $3.4 billion.
Also Read: Trust Wallet Pledges To Cover $7M Lost In Christmas Day Hack, CZ Says
About Athulyamol VS
Athulyamol V S is a crypto journalist at Tron Weekly, where she explores how blockchain, Web3, and digital assets are shaping the future of technology. She’s currently pursuing her Master’s in Communication and Media Studies at Marian College Kuttikkanam, Kerala. Blending what she learns in the classroom with her curiosity for the fast-changing crypto world, Athulyamol writes stories that make complex ideas easy to follow. Her goal is simple, to help readers understand what’s happening in the world of crypto and why it matters.
