WLFI Claims USD1 Targeted in a Coordinated Attack Involving Founder Account Hacks and Short-Selling

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World Liberty Financial (WLFI) reported a coordinated attack on USD1 on February 23, involving compromised founder accounts, KOL-driven panic, and large short positions. The attack was thwarted by USD1’s stable minting and redemption mechanism and its 1:1 asset backing. The team reaffirmed its commitment to USD1 and urged users to rely solely on verified channels. Traders should carefully assess support and resistance levels, as the incident may impact the risk-to-reward ratio for short-term positions.

BlockBeats news, on February 23, World Liberty Financial officially announced on social media:


This morning, a coordinated attack targeted USD1. The attackers compromised the accounts of several WLFI co-founders, hired KOLs to spread panic, and heavily opened short positions on WLFI in an attempt to profit from the manufactured chaos.


But the attack failed.


Thanks to USD1’s robust minting and redemption mechanism and its full 1:1 asset backing, USD1’s trading price consistently remains at par. No fraudster can shake the WLFI team and co-founders’ long-term commitment to USD1.


Please remember to obtain accurate information only through verified official channels.

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