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Which wallet refunded users this week?

Published 351 words 2 min read

TLDR

Trust Wallet refunded users this week after a security incident in its Chrome browser extension.

  1. Trust Wallet (TWT) pledged full refunds for about $7 million impacted users, confirmed in an update on 26 Dec Trust Wallet confirms $7M impact and refunds.
  2. The issue was limited to extension version 2.68; users were told to upgrade to v2.69 and mobile users were not affected extension fix and scope.
  3. The team warned about phishing impersonators and promised direct instructions to victims only via official channels official warning.

Deep Dive

1. Refunds Confirmed

Trust Wallet said approximately $7 million was impacted and committed to refunding all affected users. Multiple reports and the companys update confirm a formal compensation process is underway Trust Wallet confirms $7M impact and refunds.

  • Affected users are asked to submit claims with transaction details for verification, with the refund handled through an official compensation flow compensation process details.
What this means

If you were impacted, follow the official refund steps only and prepare transaction evidence to speed verification.

2. Scope and Fix

The incident was confined to the Chrome extension v2.68, with mobile users and other versions unaffected. A patched v2.69 was released shortly after the breach, and users were instructed to update immediately extension fix and scope.

  • Investigations point to a malicious update pathway in the extension distribution, prompting urgent update and disable instructions official warning.
What this means

If you used v2.68, rotate to a fresh wallet, update to v2.69, and move funds to new addresses before reusing.

3. Phishing Risk

Trust Wallet cautioned users about impersonators and fake compensation forms, noting it will contact victims directly with instructions and will not ask for seed phrases or passwords official warning.

What this means

Treat unsolicited DMs and refund links as high risk. Use only verified Trust Wallet announcements.

Conclusion

Trust Wallet moved to fully refund impacted users and contained the issue to a specific Chrome extension version, with a patched release and clear guidance. The immediate steps are updating, rotating wallets if exposed, and following the official refund process while avoiding phishing.

Educational information only. Crypto markets are volatile and this is not financial advice.


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