Trump-Backed World Liberty Financial Repels ‘Coordinated Attack’ On USD1 Stablecoin
World Liberty Financial (CRYPTO: WLFI) claimed it repelled a “coordinated attack” involving hacked cofounder accounts, paid influencers spreading disinformation, and massive shorts as USD1 briefly slipped to $0.98 before recovering.
The Attack Timeline
At approximately 8:15 AM Eastern Time Monday, USD1 fell from $0.9990 to $0.9802 on Binance—a roughly 2% drop. Other price aggregators like CoinGecko showed a smaller slip to $0.994.
Within 30 minutes, the stablecoin recovered to full parity with USDT (CRYPTO: USDT) and has remained there since.
World Liberty blamed a coordinated attack across multiple vectors.
According to the company, attackers hacked several WLFI cofounder accounts, paid influencers to spread negative information, and opened massive WLFI shorts to profit from the manufactured chaos.
Eric Trump deleted several WLFI posts on X prior …
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