A major security breach occurred on Trust Wallet. Hackers successfully accessed hundreds of users' accounts and stole a total of $6.7 million.

A close examination of the attacker’s activities shows that a large portion of the stolen funds was quickly directed to exchange platforms. Approximately $4.25 million has been transferred to leading exchanges such as ChangeNOW, FixedFloat, KuCoin, and HTX. Such rapid money flows are a common method used to obscure the source.

Following the incident, CZ issued a statement promising to cover all losses for affected users. This move is seen as a significant sign of user trust. The development raises new questions about cryptocurrency wallet security and also highlights the need for optional protection mechanisms.