On-Chain Analyst ZachXBT Reports: Trust Wallet Users Experience Unauthorized Fund Withdrawals

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Source: BlockMedia Original Title: ZachXBT “Unauthorized Fund Withdrawals Reported from Trust Wallet” Original Link: https://www.blockmedia.co.kr/archives/1024906 On-chain analyst ZachXBT reports that there have been cases of unauthorized fund withdrawals among Trust Wallet users. It is understood that these incidents have mainly occurred following the recent Chrome extension update.

ZachXBT stated that in the past few hours, multiple Trust Wallet users have reported unauthorized fund withdrawals from their wallet addresses. He noted that the exact cause has not yet been confirmed.

The issue mainly arose after the Trust Wallet Chrome extension update. Some users claim that funds were transferred to external addresses without additional signatures or approval processes.

As of now, Trust Wallet has not issued an official statement or explanation regarding the incident. ZachXBT mentioned that malicious updates, phishing attacks, external hacking, and other possibilities are being considered and require further analysis.

Industry experts in digital assets point out that users should remain highly vigilant when using the Trust Wallet Chrome extension until the exact cause of the incident is determined.

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