WORLDTECHZhao flags fake Trust Wallet site as iPhone exploit report surfaces
Changpeng Zhao, co-founder of Binance, has cautioned cryptocurrency users about a fraudulent website that poses as Trust Wallet and seeks to get visitors to link their wallets to it. The alert arrives as separate reports voice concern about an exploit valued at $1.1 million that targets iPhone users.
Zhao cautions about the counterfeit wallet page
According to the report by crypto.news, Zhao has told users to be wary of a site that imitates Trust Wallet. The page is designed to persuade visitors to connect their wallets, which is the step that exposes their holdings.
Separate concern over an iPhone-targeted exploit
Alongside the warning, other reports have raised concerns about an exploit worth $1.1 million aimed at iPhone users. The verified information available does not explain how that exploit works or whether it has any link to the counterfeit site.
Open questions
- How does the reported $1.1 million exploit work, and is it connected to the fake website?
- Have any funds been lost, and how many users have been affected?