Trust Wallet Incident Deepens as CZ Suggests Possible Insider Role

The fallout from Trust Wallet’s Chrome extension incident intensified on December 26 after Changpeng Zhao (CZ), weighed in publicly, suggesting the breach may have involved an insider. 

The comment came as Trust Wallet confirmed that roughly $7 million in user funds have been affected so far.

CZ said Trust Wallet will fully reimburse impacted users and stressed that customer funds remain safe. 

However, he added that investigators are still examining how a compromised browser extension update was able to pass through distribution controls, calling an insider role “most likely.” 

The statement amplified concerns around internal access and update governance, rather than an external exploit alone.

Most likely.