Trust Wallet Hack: Users Hit as Hacker Drains BTC, ETH, BNB
On-chain investigator ZachXBT claimed that several Trust Wallet accounts had their funds drained unexpectedly over a brief period of time. The blockchain records revealed a high rate of transfers between affected wallets. The activity was found to be focused during hours after the rollout of updates..
Bitcoin, Ethereum, and BNB were all losing and funds was transferred immediately in each reported case. Reported activity showed no gradual or staged withdrawals.
On chain analysis reveals that exploiters make use of several receiving addresses. Funds moved across several wallets. The routing pattern appeared consistent across cases. Similar transaction structures surfaced in multiple reports.
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