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GymkhanaStudio is a threat actor name associated with cryptocurrency-focused malicious activity, specifically in connection with a phishing campaign impersonating Trust Wallet during the aftermath of a compromised browser-extension incident. The actor used attacker-controlled email accounts branded with the GymkhanaStudio name, indicating operational involvement in social-engineering activity aimed at harvesting wallet recovery material and enabling theft of digital assets. Based on the available evidence, the actor is best characterized as financially motivated and focused on crypto-theft through spoofing and credential theft rather than as a nation-state or ransomware operator. High-confidence reporting directly ties the name to the Trust Wallet impersonation activity, but does not provide sufficient corroborated detail on broader tooling, malware families, infrastructure, victimology, or geographic attribution.
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2 sources tracked across advisories, community write-ups, and news. New activity surfaces here as Mallory finds it.
Listed as a threat actor associated in the report’s aggregated section with exploitation activity around React2Shell (CVE-2025-55182) and related RSC/Next.js vulnerabilities; attacker emails are provided as IOCs.
Named in an aggregated list of actors associated with React2Shell (CVE-2025-55182) exploitation activity (also appears as attacker email addresses in the IOC list).
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