Trust Wallet is reimbursing users after a $7M hack tied to its Chrome extension

Source: CryptoNewsNet Original Title: Trust Wallet is reimbursing users after a $7M hack tied to its Chrome extension Original Link: Trust Wallet is in the middle of its reimbursement process for a subset of users affected by a security breach tied to its Chrome browser extension. The web3 wallet company seems to be covering up the fallout that drained roughly $7 million in digital assets quickly.

In a fresh post on X, Trust Wallet stated that the users impacted by the malicious update to Browser Extension version v2.68 incident may be eligible for a faster verification. The payout process can turn out seamless if the compromised users’ wallets had previously received funds from a certain head-leading exchange account before December 24, 2025. However, the speed-up path applies only to exchange users. They just need to simplify ownership verification.

It added that the eligible users will be contacted directly through the same email thread used for their original support ticket. The impacted users will be given instructions on how to submit a verification video. Meanwhile, users who do not qualify will continue through the standard reimbursement workflow. The company has already warned that it could take longer due to manual review requirements.

“We’ll only reach out via the same Trust Wallet support email used to reply to your original claim,” the Web3 wallet company said. It urged the users to remain cautious of impersonation attempts.

TWT holds steady despite $7M Trust Wallet exploit

The announcement follows Trust Wallet’s confirmation last week that its Chrome extension had been compromised. A malicious code was embedded in version 2.68 of the software. The wallet provider had mentioned that the attack turned out to be the theft of around $7 million worth of crypto assets. It covered all sorts of multiple blockchains, including Bitcoin, Ether, and Solana.

PeckShield, in a post, highlighted that more than $4 million of the stolen funds were quickly routed through centralized services. This involved ChangeNOW, FixedFloat, and certain exchange platforms. Around $2.8 million remained in attacker-controlled wallets.

The Trust Wallet Token (TWT) hasn’t seen much downturn amid the latest hack. TWT price jumped by 8% in the last 7 days. It has remained down by around 9% over the past 30 days. It is trading at an average price of $0.93 at the press time. On the other side, the exchange’s native token has enjoyed the upside of the market, trading at an average price of $911.29 at the press time.

A calm in the tokens’ price comes in when Trust Wallet said it launched a formal claims process for affected users. It required details such as compromised wallet addresses, attacker addresses, and transaction hashes.

Exchange steps in

A major exchange acquired Trust Wallet in 2018. Its co-founder also confirmed that all verified losses will be covered. “So far, $7m affected by this hack. TrustWallet will cover,” the founder wrote. He added that user funds are “SAFU.”

The incident first came to light after on-chain investigator ZachXBT warned on Telegram that multiple Trust Wallet users reported funds being drained. This happened shortly after updating the extension on December 24. Trust Wallet issued a patched release — version 2.69 — on December 25.

Trust Wallet CEO Eowyn Chen later said the breach stemmed from a leaked Chrome Web Store API key. This allowed attackers to publish the compromised extension without going through the company’s internal release process.