Тысячи мошеннических заявок на компенсацию выявлены в процессе проверки пользователей Trust Wallet Translation: Thousands of fraudulent compensation claims uncovered during Trust Wallet user verification process.

The Trust Wallet team has moved on to the user verification phase for those affected by the recent hack of the wallet’s browser extension. Project leader Eowyn Chen reported an unexpectedly high number of reimbursement requests.

The company has identified 2,596 compromised addresses. However, the number of compensation claims has nearly reached 5,000, indicating a significant rate of duplicates or fraudulent attempts.

According to Chen, accurately verifying wallet ownership is crucial for returning funds to the rightful owners. The developers are cross-referencing information from multiple sources to filter out scammers. The company is prioritizing verification accuracy over the speed of payouts.

The attack on the desktop version of Trust Wallet occurred on December 26, during which hackers took assets worth $7 million. Former Binance head Changpeng Zhao assured that the project team would fully compensate for the losses.

On-chain investigator ZachXBT speculated that the breach may have resulted from a recent update to the Chrome wallet. Representatives from the platform have yet to confirm this hypothesis as they continue their internal investigation.

While Trust Wallet is examining these theories, Coinbase CEO Brian Armstrong reported the real arrest of an insider. Indian police detained a former support agent of the exchange.

In May, hackers bribed company staff to steal customer personal data and demanded a ransom of $20 million. Coinbase has estimated potential costs for addressing the fallout from the attack at $400 million.

Armstrong expressed a «zero tolerance» policy towards staff misconduct and promised to hold those responsible accountable in cooperation with law enforcement.

*»One down, others to follow,»* summarized the Coinbase CEO.

It’s worth noting that since the beginning of the year, hackers have stolen cryptocurrencies valued at over $3.4 billion, according to Chainalysis.