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Exchange Wallets Encounter Security Vulnerability, Loss Scale Revealed. According to official responses, Trust Wallet's security incident resulted in a total loss of approximately $7 million of user funds. The official stance is clear: affected users' funds will be fully compensated, and the Security Asset Fund for Users (SAFU) has been activated.
The incident originated from an attacker successfully submitting a new version of an extension containing malicious code to the platform. The official stated that the security team is conducting an in-depth investigation into the entire attack chain, including the specific details of how the malicious code bypassed the review process. This move aims to patch the vulnerability and prevent similar incidents from happening again.
Users do not need to worry about fund security, as the platform's risk protection mechanism ensures the reliability of the compensation commitment.