Recently, the security incident at Trust Wallet caused a stir, with hundreds of users losing over $6.77 million, and funds are still being transferred out. Watching this scene, many people started to wonder—how did this happen? But instead of just obsessing over it, it's better to understand what actually happened and then arm yourself accordingly.



Let's clarify first: this was not a system failure, but human error. Once the hacker gained access, they immediately moved $4.25 million through multiple channels and cleverly dispersed funds across different chains. This series of actions clearly shows premeditation and experience. It also serves as a wake-up call—black market operations in the crypto space are becoming increasingly professional, and everyone needs to stay vigilant.

Regarding compensation, the platform promised full reimbursement, which can indeed help victims ease their burden. But this doesn't mean the issue is fully resolved. A security breach can shake trust, and money alone can't fully restore it. So, relying solely on platform guarantees is a last resort; the real key is to secure your own assets.

What specific steps can you take? Here are some tips: First, quickly review the contract permissions you've granted and revoke any unused ones; second, keep a record of known hacker addresses, and carefully verify every transfer—one slip-up could be costly; third, don’t rely solely on SMS for two-factor authentication—use specialized authentication apps to avoid SIM swapping tricks; finally, for large assets, it's best to store them in offline wallets—"keeping the private key close" is a principle that never goes out of style.

This incident is not yet settled, and the hackers' funds are still flowing. Who knows if there will be further actions? The best we can do is stay alert, avoid clicking on unfamiliar links, and regularly check your account activity. "Better safe than sorry" is especially true in the crypto world.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GasFeeLadyvip
· 3h ago
ngl this smells like a coordinated drain, not some random exploit... those guys hitting multiple chains simultaneously? that's pro-level stuff fr. anyway been through enough of these cycles to know the real move is always self-custody, no cap.
Reply0
MetaMuskRatvip
· 3h ago
7.77 million lost, this black industry is really becoming professional --- It's Trust Wallet again, this time you need to pay more attention --- What can money loss solve? Trust being lost is the real issue --- The statement about keeping the private key close is correct. Check the contract permissions again --- Wake up, still using SMS for two-factor verification? Time to switch to an app --- Hackers are still moving funds. This matter is far from over --- It's either a system failure or human operation. You need to protect yourself --- Offline wallets are more secure. Don't keep large assets here --- A slip of the hand and it's gone. Be cautious with every transfer --- Platform compensation can't save trust
View OriginalReply0
PancakeFlippavip
· 3h ago
Listen to me, cold wallets will always be your best friends --- It's both a wallet and a hacker, I'm really fed up --- Losing 6.77 million is truly painful, but the key is that these black market groups are becoming more and more professional --- I need to quickly review the contract permissions, what if I was already scammed early on --- Full compensation sounds good, but once trust is broken, there's no way to fix it --- How many times have I said that private keys should not be on the chain, yet some people still don't listen --- The trick of SIM card hijacking is really clever, two-factor verification must be through an app --- I just want to know where that 6.77 million ended up in the end, can it be checked on the chain --- Staying alert is not wrong, but 99% of people will let their guard down --- Every time I see this kind of thing, I get scared, feeling like I could be the next victim
View OriginalReply0
shadowy_supercodervip
· 3h ago
Another news about wallets being emptied, oh my, I really can't hold it together anymore. Paying compensation is useless; once trust is broken, it's over. Quickly revoke all authorizations; if you don't do this now, you'll suffer losses. Offline wallets are the real way; no matter who advises otherwise, it won't work. These black market groups are really professional; they should have learned to be more cautious. I've long been alert to the trick of swapping SIM cards; SMS verification has been abandoned for a long time. $6.77 million, just thinking about it is terrifying. Keeping the private key close is no joke; it's your lifeline. This time, it also sounded an alarm for newcomers: don't think the platform is completely secure. Don't rely solely on platform compensation; that's the last safety net. The key is self-protection.
View OriginalReply0
ImpermanentPhilosophervip
· 3h ago
$6.77 million lost, this is the real impermanent loss haha If you ask me, it's not about whether the platform compensates or not, it's fundamentally about paying attention yourself Private keys, really can't have any compromise
View OriginalReply0
Layer3Dreamervip
· 4h ago
theoretically speaking, the cross-chain fund dispersal pattern here is literally a textbook case of recursive exploit chains... the attacker basically executed a multi-rollup drain strategy that screams sophisticated bridging knowledge. honestly makes u wonder about the interoperability vulnerabilities we're all sleeping on rn
Reply0
FortuneTeller42vip
· 4h ago
Another major case, $6.77 million just gone, gotta be more cautious It's either system issues or human error; hackers have long become professionalized, we need to save ourselves Trust Wallet indeed makes people uneasy this time; losing money can't fill the trust gap Quickly revoke contract permissions, don't wait until you're exploited one day SMS verification should have been phased out long ago; 2FA should be upgraded to authenticator, I'm not joking Offline wallets are the right way; hot wallets are just gambling with luck, there's no need This isn't over yet; hackers' funds are still flowing, who knows when the next incident will happen
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)