Trust Wallet initiates $7 million compensation process for victims of hacking attack.

Odaily Planet Daily reports that Trust Wallet has officially launched a compensation process for victims of its Chrome browser extension security incident. The incident, caused by malicious code embedded in version 2.68 of the software, resulted in the theft of approximately $7 million in assets, including Bitcoin, ETH, and SOL. Trust Wallet CEO Eowyn Chen stated that the leaked Chrome Web Store API key allowed attackers to bypass internal release checks and release malicious updates. PeckShield monitoring shows that over $4 million of the stolen funds have flowed to centralized exchanges such as ChangeNOW, FixedFloat, and KuCoin. Binance founder CZ confirmed on the X platform that Trust Wallet will cover all $7 million in losses to ensure the safety of user funds. Affected users need to submit an application form containing their wallet address, transaction hash, and other information through the official portal.