Trust Wallet warns of fake crypto card website targeting users

Trust Wallet’s security team has confirmed that a website advertising a cryptocurrency payment card with unusually generous benefits is fraudulent and has warned users against connecting their wallets to the platform. Summary Trust Wallet’s security team has confirmed that a website advertising a cryptocurrency payment card with premium benefits is fraudulent and has warned users against connecting their wallets. The fake website promises a $100,000 spending limit, up to 8% cashback, no KYC requirements, and airport lounge access, with card issuance advertised for just $1. Security researcher Daniel flagged the website after discovering that it used Trust Wallet’s branding to promote three card tiers and claimed to hold licenses in four countries. Trust Wallet has clarified that its legitimate offerings are available through its official application and website, warning users against approving suspicious wallet connection requests or signatures. Crypto security researcher Daniel, known as @0xDani on X, flagged the fake Trust Wallet card in a post on October 28, pointing to a website that used the wallet provider’s branding to promote a payment card with a $100,000 spending limit, c...