Fake Trust Wallet Site Linked to $1.1M Exploit Prompts Warning From Binance’s CZ
Photo: TheCoinrise
Changpeng Zhao flagged a phishing scheme targeting Trust Wallet users as losses from a related exploit reached $1.1 million. Changpeng Zhao, the founder of Binance, issued a public warning about a phishing scam targeting cryptocurrency holders. The alert specifically named a fraudulent website designed to impersonate Trust Wallet, a popular self-custody wallet application. According to reports, the fake site has already been connected to an exploit resulting in losses of approximately $1.1 million. CZ used his platform to alert users directly, urging caution before interacting with unfamiliar links or websites claiming to represent legitimate wallet providers.
Source: TheCoinrise
