CZ Says User Funds ‘SAFU’ After Trust Wallet Hack
Binance CEO Changpeng Zhao has publicly confirmed that user funds remain SAFU in the wake of the recent Trust Wallet hack, offering reassurance to users amid uncertainty. The message stresses that custodial protections and risk protocols are in effect, while Trust Wallet and Binance security teams continue to investigate the breach and assess any exposure.
The confirmation matters because it addresses immediate concerns about asset safety and broader trust in non-custodial wallet infrastructure. Security teams and analysts say users should stay vigilant: keep wallet apps updated, review recent activity, and follow official channels for guidance as the investigation proceeds. The outcome of the probe could influence wallet security practices and user confidence across the crypto ecosystem.