Post
Topic
Board Bitcoin Discussion
Re: Why does Bitcoiner still support the use of centralized exchanges?
by
Ale88
on 26/04/2023, 16:26:12 UTC
so why did you make a post publicizing this "new scam going on with Trust Wallet" like it's something Trust Wallet related?
There was a vulnerability in Trust wallet in which it generated key pairs and addresses in a insecure manner, allowing funds to be stolen. It wasn't via social engineering.
I did a little research, are we talking about this?
According to an incident update shared by the company, the vulnerability only affected new wallet addresses generated by its browser extension between Nov. 14 and 23, 2022. The vulnerability could allow attackers to execute malicious code on the users’ devices and steal their funds.

It's a very limited case since it's related to a very short span of time and also linked to a browser extension, and it affected only new wallet, reading the previous comments I thought it was something that affected every single Trust Wallet user, which would have been way more dangerous.

Anyway I also read this:
Trust Wallet has assured its users that it will pay back eligible losses from hacks due to the vulnerability and has created a reimbursement process for the affected users.

This is the link to the source of the info I copy-pasted: https://www.binance.com/en-NG/feed/post/449497

So, as I see it, it's just a lot of unnecessary FUD, business as usual.