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WLFI: USD1 faced an organized attack, the token remains pegged at 1:1
ChainCatcher reports that WLFI issued a statement stating that USD1 experienced an organized attack on the morning of that day. The announcement indicated that the 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 1:1 asset backing and a minting and redemption mechanism, and currently continues to trade at a value equal to the pegged assets. The team emphasized that they will continue to advance their established plans and advised users to refer to information from official verified channels.