Odaily Planet Daily reports that WLFI issued a statement stating that USD1 was subjected to an organized attack on the morning of that day. The announcement indicated that involved parties infiltrated multiple WLFI co-founders’ accounts, spread negative information through various channels, and established a large number of WLFI short positions.
WLFI stated that USD1 relies on a 1:1 asset-backed and minting and redemption mechanism, and currently continues to trade at a value equal to the pegged asset. The team emphasized that they will continue to advance their established plans and advised users to refer to information from official verified channels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
WLFI: USD1 encounters organized attack, the token remains pegged at 1:1
Odaily Planet Daily reports that WLFI issued a statement stating that USD1 was subjected to an organized attack on the morning of that day. The announcement indicated that involved parties infiltrated multiple WLFI co-founders’ accounts, spread negative information through various channels, and established a large number of WLFI short positions.
WLFI stated that USD1 relies on a 1:1 asset-backed and minting and redemption mechanism, and currently continues to trade at a value equal to the pegged asset. The team emphasized that they will continue to advance their established plans and advised users to refer to information from official verified channels.