Trust Wallet Extension Update: After v2.68 Breach Exposed Fake Claims
Trust Wallet has released a new public update on the browser extension security incident linked to version v2.68. The update, shared on December 28, explains where the investigation stands and how the team is handling user compensation after confirmed losses.
The browser extension version v2.68 was released on December 25, 2025. According to forensic findings, this version contained a hidden backdoor that exposed private keys for users who logged in within a short 24-hour window. This allowed attackers to drain funds without user approval. The incident resulted in around $7 million in total losses.
Source: X Account
What the Investigation Has Found So Far
Trust Wallet confirmed that the issue was limited only to the browser extension. The mobile app was not affected. Once the risk was identified, the extension was taken down, and users were warned to stop using it.
Based on current findings:
2,596 wallet addresses have been confirmed as affected
Around 5,000 compensation claims have been submitted
Over 90% of claims may be fake or invalid, according to early checks
The investigation is being supported by SlowMist, which helped confirm how the private keys were exposed and how funds were moved.
Why Verification Is Taking Time
Trust Wallet has explained that accuracy is being placed above speed. The team says this is needed to protect real victims and stop abuse of the compensation system.
To verify claims, multiple checks are being used, including
Transaction history
Proof of interaction with the v2.68 extension
Device and browser data
Audit logs from Google
This process is still ongoing and is part of a broader forensic review. Trust Wallet says payouts will only be made after full confirmation.
Message From Trust Wallet Leadership
The updates were shared in a public thread by Eowyn Chen. In her posts, she acknowledged the harm caused by the incident and thanked users for their patience.
She stated that the full team is focused on two things:
Completing the investigation
Executing fair compensation for real victims
She also shared that more work-in-progress updates will be released as soon as they are ready.
The Human Impact Behind the Numbers
While the technical details are important, user replies to the update show the emotional side of the incident. Some people shared stories of deep financial stress and fear after losing funds. A few replies even mentioned mental health struggles linked to the losses.
These responses highlight why the security issues matter beyond charts and numbers. For many users, crypto funds represent savings, emergency money, or years of effort.
Why Users Should Pay Attention to This News
This update matters for crypto users for several reasons:
It shows real risk- Even trusted tools can fail
It explains what went wrong- Clear details help to learn
It highlights safety steps- You can avoid similar risks
It shows how teams respond- Crisis handling matters in Web3
Reading this news helps users make better choices about it, updates, and long-term storage methods.
Key Takeaways for Crypto Users
From a user point of view, the incident offers clear lessons:
Avoid rushing to install new updates
Be careful with browser extensions
Use hardware wallets for large funds
Follow only official project updates
Trust Wallet has advised affected users to move funds to new wallets and review permissions if they interacted with the extension during the risk window.
What Happens Next
Trust Wallet extenstion update says both the investigation and compensation process are still active. More verified updates are expected as data review continues. Users are advised to ignore third-party links and rely only on official communication.
While the breach has shaken confidence, the ongoing updates and open communication show an effort to handle the situation responsibly. The coming days will be important as the company works to finish verification and restore trust within its user base.
Important: All information in this article is based on publicly available sources, official statements, and verified social media accounts, which are referenced where applicable. icoannouncement does not provide financial or investment advice and is not responsible for any loss, decision, or action taken based on this content. This article is published for informational purposes only.
FAQs
1. What was affected in the incident?
Only the Trust Wallet browser extension v2.68.
2. Was the mobile app impacted?
No, the mobile app was not affected.
3. How many wallets were confirmed?
2,596 wallets have been confirmed so far.
4. Why are payouts delayed?
Claims are being carefully verified for accuracy.
5. What should affected users do now?
Move funds to a new wallet and follow official updates.
