PANews reported on March 17 that, according to the official WeChat account of the Network Investigation Research Institute, Wuhan Anjun Technology, a Chinese companyPANews reported on March 17 that, according to the official WeChat account of the Network Investigation Research Institute, Wuhan Anjun Technology, a Chinese company

Internal strife within a Chinese cybercrime group uncovers a $7 million crypto theft case involving Trust Wallet.

2026/03/17 22:32
1 min read
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PANews reported on March 17 that, according to the official WeChat account of the Network Investigation Research Institute, Wuhan Anjun Technology, a Chinese company, was actually a professional cybercrime team posing as a cybersecurity company. It was exposed for organizing and carrying out a supply chain attack against Trust Wallet , stealing approximately $ 7 million in crypto assets. The self-reporter, Duan Jirui, stated that his team used Electron application supply chain vulnerabilities, VShell remote control, OKX plugin reverse engineering, and batch mnemonic phrase scanning tools to accurately target the assets of heavy blockchain users and transfer funds in batches through an automated pipeline. Internal conflicts arose due to disputes over the distribution of spoils and agreement payments. After preserving technical documents, recordings, and other evidence, Duan Jirui chose to publicly expose the incident and prepared to surrender himself. The case provides a model for investigative authorities to characterize technically sophisticated cybercrime teams.

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