PANews reported on October 16th that the Trust Wallet Chinese channel issued a statement clarifying the recent community discussion regarding a vulnerability in an early 2018 wallet version. The vulnerability originated from a third-party open-source random number library widely used in the industry at the time and was fixed in July 2018 and open-sourced in the Wallet Core library.

Officials stated that approximately 10,000 early users were affected, all of whom have been notified and have completed asset migration, with no losses incurred. New wallets created since July 2018 are unaffected. Trust Wallet currently utilizes audited cryptographic libraries and a high-strength random number algorithm, and continues to strengthen security through independent security audits and a bug bounty program. The team will also launch a "Wallet Security Awareness Series" to educate users on mnemonics and the principles of random number security, reaffirming its core commitment to transparency and security.