@memento-mori
š”ļø UPDATE: Trust Wallet to Cover All Losses
Great news for the community amidst the recent security scare. Changpeng Zhao (CZ) has confirmed that approximately $7 million was affected in the Trust Wallet browser extension hack.
The Key Takeaways: š
ā¢ Full Reimbursement: Trust Wallet has pledged to fully cover all user losses resulting from this incident.
ā¢ Funds are SAFU: CZ reassured users that the company will "make users whole," effectively using its reserves to prevent permanent financial impact.
ā¢ The Root Cause: While investigations are ongoing, the breach is linked to a malicious update in browser extension version 2.68. Attackers reportedly managed to introduce code that targeted user data.
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