Skip to content
New Phishing Scam Targets Trust Wallet Users Amid Binance Breach

New Phishing Scam Targets Trust Wallet Users Amid Binance Breach

First seen 5 Nov 2026, 12:47 UTC • •
API

Article Content

Browse articles
ThreatCluster AI
ThreatCluster •November 5, 2026 at 12:48 UTC
  • •A new phishing scam targets Trust Wallet users by mimicking a legitimate website.
  • •Scammers are exploiting a recent Binance security breach to send fraudulent emails.
  • •The phishing scheme has affected users in several countries, warning of wallet suspensions.

Changpeng Zhao (CZ), co-founder of Binance, has issued a warning about a phishing scam that utilizes a counterfeit Trust Wallet website to deceive users into connecting their wallets. The fraudulent site alters the domain name by replacing 'u' with 'a' and changing the extension from '.com' to '.cam', potentially misleading users. This malicious site aims to extract wallet balances by employing JavaScript code that communicates with a backend API. The phishing scheme has been linked to a recent surge in attacks, with cybersecurity firm Bitdefender reporting that scammers are exploiting a recent Binance security breach to send fake emails to Trust Wallet users. These emails falsely claim that users' wallets are compromised, urging them to complete a verification process by November 7 to avoid suspension. The phishing campaign has reportedly affected users across multiple countries, including the United States, United Kingdom, Australia, Ireland, and South Africa. Earlier this year, similar phishing attempts targeting Trust Wallet users were identified, including the use of malicious QR codes on Telegram.

Start a free Starter trial for enhanced analysis

Ask AI about this cluster

Updated 4h ago How this analysis works

Timeline

2026-11-03
Scammers exploit Binance breach
Bitdefender reported that scammers began using the Binance security breach to send fake emails to Trust Wallet users.
Tradingview
2026-11-05
CZ issues phishing scam warning
Changpeng Zhao warned users about a phishing scheme using a fake Trust Wallet site to steal wallet information.
u.today

More articles in this cluster (2)

Following this threat?

Track Binance in your own feed — you're alerted when they show up in new reporting, leak sites or exploitation.

Free account · no card needed

Extracted Entities (13)

1 / 3

Common questions

How can I identify the fake Trust Wallet site?
Check the domain carefully; the fraudulent site uses '.cam' instead of '.com' and alters 'u' to 'a'.
What should I do if I receive a suspicious email?
Do not click any links or provide personal information; verify the email's authenticity through official channels.
Is this phishing scam widespread?
Yes, it has reportedly affected users in multiple countries, including the US, UK, and Australia.