Trust Wallet has moved into a verification phase after a Christmas Day exploit involving its browser extension; while thousands of wallets have been identified, the company has received far more reimbursement claims than expected.
On Monday, Trust Wallet CEO Eowyn Chen said the company had identified 2,596 wallet addresses tied to the compromised extension. Still, it has received almost 5,000 claims, suggesting a significant amount may be false or duplicate submissions.
“Because of this, accurate verification of wallet ownership is critical to…

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