WLFI Reallocates Tokens After Past Phishing-Linked Wallet Attack

• World Liberty burns 166.667 million WLFI tokens after 272 wallets were compromised.
• The Platform breach was attributed to third-party security lapses, not smart contract vulnerabilities.
• U.S. Senators request investigation into alleged token sales to sanctioned entities.

World Liberty Financial had announced an emergency token burn and reallocation of $22.1 million WLFI following pre-launch phishing attacks that targeted user wallets. The Trump family-backed decentralized finance platform revealed the incident involved 272 compromised wallets, with 215 linked to phishing attacks.

The team executed an emergency function that burned approximately 166.667 million WLFI tokens and reallocated equivalent amounts to a verified recovery address. Prior to WLFI’s launch, a subset of user wallets was compromised via phishing attacks or exposed seed phrases.

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