After the news broke, Trust Wallet’s token TWT fell 5% as users were unsure why Google suspended the app without public notice. Following confusion on social media, crypto.news reached out to the self-custodial wallet maker for comment. A spokesperson clarified in an email that the company had taken swift action to resolve the incident.
According to the information provided, the FBI notice was not singled out as a reason for Google’s initial decision. TWT had barely recovered from its plunge at press time, per CoinMarketCap. “The matter was related to Google’s policies to which we submitted an appeal several weeks ago.
The company recommended deactivating iMessage until a fix is implemented. The NIST, a U.S. Department of Commerce branch, did not confirm whether the loophole was tied to iMessage.