Trust Wallet Hack: Largest Loss Wallet Loses $3.5M in Assets

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On-chain data shows the largest loss wallet in the Trust Wallet hack lost $3.5 million in assets, according to analyst Specter. The wallet had been inactive for one year before the attack. A second wallet lost $1.4 million, dormant for over two years. The hacker has moved more than $4 million to centralized exchanges. Altcoins to watch may see volatility as the market reacts to the breach.

As reported by Blockbeats, on December 26, analyst Specter revealed that the largest loss wallet in the Trust Wallet hack lost approximately $3.5 million in assets. The wallet had been dormant for one year before the attack. The second-largest loss wallet lost $1.4 million, which had been inactive for over two years. Earlier reports indicated that the Trust Wallet hacker stole over $6 million in crypto assets and has already transferred more than $4 million to centralized exchanges.

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