ZakXPT raises alarm bells as Trust Wallet users report withdrawals

Blockchain researcher ZachXBT reported on December 25 that many Trust Wallet users have experienced unauthorized fund flows in recent hours.

Affected users say assets were drained from their wallet addresses without consent.

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Is there a big security warning for Trust Wallet users?

According to ZachXBT, the exact cause is still uncertain. However, the timing has raised concerns. Today’s incidents came after a recent update to the Chrome extension For Trust Wallet She was released a day ago.

I started ZachXBT It is collecting wallet addresses associated with suspected thefts and asking affected users to come forward while the investigation continues.

However Trust Wallet A detailed technical explanation has not yet been issued, but the situation has renewed scrutiny around browser-based cryptocurrency wallets.

Chrome extension works With high permissions. Security researchers have repeatedly warned that a single malicious update or compromised credentials can expose users to significant risks.

The past few months have already seen several notable wallet threats related to extensions.

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At first She pointed Security companies report that they have fake wallet extensions designed to capture seed phrases, allowing attackers to recreate entire wallets and drain funds later.

In other cases, extensions have been made Trading The malware silently modifies the transaction instructions, resulting in the withdrawal of small amounts of digital currency each time the user agrees to an exchange.

More generally, cybersecurity researchers have documented campaigns involving seemingly legitimate browser add-ons that were later updated to inject scripts, redirect traffic, or collect sensitive data.

Although these capabilities are not always specific to digital currencies, they can be repurposed For target portfolio sessionslogin flows, or transaction approvals.

Given this context, Trust Wallet’s reports raised immediate concern in the cryptocurrency community.

Users are urged to review recent transactions, revoke unnecessary permissions, and avoid signing new transactions until more clarity emerges.

Those who suspect a set are advised to transfer the remaining funds to new portfolios created from new seed phrases.

At press time, Trust Wallet has not confirmed whether the Chrome extension update is directly responsible.