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.

USD1-0.03%
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