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Trust Wallet warns of fake crypto card website

A fraudulent site used Trust Wallet branding to promote a card with up to 8% cashback and a $100,000 spending limit. Users were warned not to connect wallets or approve suspicious requests.

Trust Wallet’s security team has confirmed that a website promoting a cryptocurrency payment card under its branding is not associated with the company.

The site advertised three card tiers with benefits including up to 8% cashback, a $100,000 spending limit, no identity verification, zero foreign-exchange fees, airport lounge access and a $1 issuance fee. It asked visitors to connect their crypto wallets to access the offer.

Security researcher Daniel flagged the promotion, after which a representative of Trust Wallet’s security team warned users not to connect their wallets or approve suspicious requests. Legitimate offerings are provided through Trust Wallet’s official app and website.

Connecting a wallet alone does not necessarily authorize a transfer, but subsequent signatures or token approvals can give attackers control over assets. Users should verify offers through official channels and avoid signing transactions they do not understand. No confirmed losses or details about the site’s operators were reported.

Sources