Trust Wallet has introduced address spoofing protection, adding a new screening feature to help prevent users from sending cryptocurrency to fraudulent wallets impersonating legitimate addresses.
The non-custodial wallet provider said on Tuesday that the new feature will automatically check the destination address against a database of known fraud and similar addresses to prevent malicious transactions. The demo initially includes 32 blockchains compatible with the Ethereum virtual machine, including Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche, and Base.
Trust Wallet called address poisoning attacks one of the “fastest-growing threats in crypto” and claimed that there have been more than 225 million attacks and $500 million in confirmed losses to date.
Address poisoning is a form of phishing where scammers trick crypto victims into illegitimate wallets by sending them small transactions, hoping unsuspecting investors will copy and paste the attacker’s address from their history.
The solution to the loss of toxicity is increasing
Address poisoning attacks recently cost two investors $62 million in cryptocurrency. One victim lost $50 million in December 2025, prompting industry leaders to call on wallets to implement better security measures.
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“All wallets should only check if the receiving address is a toxic address” and block the user. This is a blockchain application,” former Binance CEO Changpeng Zhao said in a Binance Square blog post on December 24, 2025, adding that wallets should not show spam-like operations.
In addition to filtering spam transactions, cryptocurrency investors should stop copying wallet addresses from their transaction history, the team at security firm Hacken Extractor recently told Cointelegraph.
Other wallets that offer proactive transaction filtering tools against malicious transactions include Rabby Wallet, Zengo Wallet, and Phantom Wallet.
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The Trust Wallet Chrome browser extension was compromised on December 24, 2025, costing users nearly $7 million. Trust Wallet released a new version of its wallet that removed the malicious code and said that the losses of users will be compensated.
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