The $6 million exploitation of Trust Wallet, one of the leading crypto wallet providers, has not put the platform into a state of despair; instead, it has initiated the compensation process. The crypto wallet provider announced on X that affected users should fill out a form to start the compensation process.
“We are working around the clock to finalize the compensation process details, and each case requires careful verification to ensure accuracy and security,” said the Trust Wallet team.
To claim the compromised funds, users should provide their email address, country of residence, compromised wallet address, hacker’s address, wallet-draining transaction hashes, and new wallet address for reimbursement.
$6 million in assets hacked via Trust Wallet browser extension
Last week, hackers infiltrated Trust Wallet’s Chrome extension version 2.68 and stole nearly $6 million in assets. When users tried installing the browser extension, a malicious code that hackers had embedded into the Chrome extension silently drained their wallet data. This has resulted in a $6 million fund loss.
Hackers moved $4 million in assets to centralized exchanges, and the remaining $2 million rests in the hackers’ wallets, said blockchain security firm PeckShield. Out of the $4 million, $3.3 million has been sent to centralized exchanges like ChangeNow, KuCoin, and FixedFloat.
According to Trust Wallet, the wallets of users who enabled the extension before December 26 at 11 AM UTC were likely compromised.
The crypto community learned about the hack after onchain analyst and investigator ZachXBT took to X to inform about the exploitation. He flagged the security breach and warned everyone of the incident after several users reported the issue. For several other analysts, the browser attack might have happened due to a supply-chain attack in the December 24 update.
This year has brought multiple positive developments to the crypto industry; however, along with these advancements, hackers have played a disruptive role in 2025, attacking different crypto platforms such as Bybit, Upbit, Balancer DeFi protocol, Cetus Protocol, and Force Bridge.
As 2025 nears its end, crypto will see even more impactful innovation that will lead to broader adoption by firms and governments. However, hackers are likely to keep their eyes open, waiting for their next targets.
