WLFI claims USD1 was the target of a coordinated attack; hackers breached Lianchuang's account and attempted to short it, but failed.

PANews reported on February 23 that WLFI posted on the X platform that USD1 suffered an organized attack this morning. The attackers allegedly compromised the accounts of multiple WLFI co-founders, paid influencers to spread fear-mongering (FUD) messages, and massively shorted $WLFI, attempting to profit from artificially created market chaos.

WLFI stated that the operation was unsuccessful. Thanks to USD1's robust minting and redemption mechanism and 100% 1:1 asset backing, USD1 continues to trade stably near its face value. The team emphasized that no malicious actors can shake their long-term commitment to USD1. WLFI also reminds users to obtain accurate information only through officially verified channels and to be wary of misleading content.