WLFI will redistribute funds to users affected by phishing attacks, KYC verification required

According to ChainCatcher, as stated in a WLFI announcement, prior to the official launch of the platform, some users' wallets were compromised due to phishing attacks or mnemonic phrase leaks. WLFI emphasized that the incident was not caused by platform or contract vulnerabilities, but originated from third-party security issues.

The team has developed new contract logic, allowing assets to be redistributed to secure new wallets after completing KYC verification. Wallets that have not submitted applications or failed verification will remain frozen, but users can still initiate the recovery process through the customer service center. According to Emmett Gallic, World Liberty Fi destroyed a total of 166.67 million WLFI tokens (worth approximately $22.14 million) from a suspected compromised wallet and redistributed an equivalent amount of tokens to a new secure address.