Critical Security Alert: Shiba Inu Community Warned of Trust Wallet Extension Vulnerability

Source: CryptoNewsNet Original Title: Shiba Inu Drops Urgent Security Warning to Users on Critical Risk as 2025 Ends Original Link: The Shiba Inu community has been issued a crucial alert following Trust Wallet’s security breach that saw $7 million in losses.

Security Incident Confirmed

Multi-chain self-custody wallet Trust Wallet recently confirmed a security incident affecting a specific version of its web browser extension.

Shiba Inu-focused community safety account Susbarium Shibarium Trustwatch has issued an alert to the Shiba Inu community, warning of this critical risk:

🚨 SHIBARMY ALERT 🚨

• Trust Wallet Extension v2.68 has a security issue
• If you’re on v2.68, disable it immediately and update to v2.69 from the official Chrome Web Store
• Mobile users and other versions are safe
• Stay sharp, ShibArmy, protect your assets 🔐

Details on the Vulnerability

Subarium warns the Shiba Inu community about Trust Wallet extension v2.68, which has a security issue. Users utilizing this particular Trust Wallet extension are urged to disable it immediately and update to v2.69 from the official Chrome Web Store. However, mobile-only users and all other browser extension versions remain unimpacted.

The alert follows an earlier warning issued by Susbarium about scammers impersonating tech leads, mods and admins on Discord and Telegram, sending fake “wallet bug” warnings to trick users into connecting to malicious sites.

Refund Process Underway

A co-founder of a certain head-to-head exchange confirmed $7 million losses as a result of the recent Trust Wallet hack. Trust Wallet likewise confirmed this figure, adding that it will ensure all affected users are refunded.

In its recent update, Trust Wallet stated it was actively finalizing the process to refund the impacted users. It further said it will be in close contact with the victims on any progress and updates.

Important Security Recommendations

Trust Wallet urges its users:

• Never interact with any messages that do not come from its official channels
• Always verify links before clicking
• Never share recovery phrases with anyone
• Use official Trust Wallet channels only for support

The wallet provider has observed an increase in scams via Telegram ads, fake “compensation” forms, impersonated support accounts and direct messages. Users are advised to remain vigilant and follow these security best practices.