Wu said that the Trump family’s crypto project, World Liberty Financial (WLFI), announced that USD1 experienced a "coordinated attack," including multiple WLFI co-founders' accounts being hacked, someone paying to spread FUD, and large-scale short selling of WLFI attempting to profit from market fluctuations. WLFI stated that, relying on USD1's 1:1 full reserve and redemption mechanism, the current price remains at parity. The official reminds users to obtain information only through verified channels.
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Wu said that the Trump family’s crypto project, World Liberty Financial (WLFI), announced that USD1 experienced a "coordinated attack," including multiple WLFI co-founders' accounts being hacked, someone paying to spread FUD, and large-scale short selling of WLFI attempting to profit from market fluctuations. WLFI stated that, relying on USD1's 1:1 full reserve and redemption mechanism, the current price remains at parity. The official reminds users to obtain information only through verified channels.