World Liberty Financial (WLFI) has disclosed new details regarding the coordinated attack that targeted its USD1 stablecoin on February 23. The platform alleged that the "three-pronged" assault involved hacking the social media accounts of its co-founders to spread misinformation. Furthermore, WLFI claimed that influencers were paid to disseminate fear, uncertainty, and doubt (FUD) in a deliberate attempt to destabilize the asset. These tactics resulted in a brief price dip to $0.9942 before the stablecoin successfully recovered its $1.00 peg within two hours. The project emphasized its resilience against what it termed systematic market manipulation. The involvement of the Trump family continues to attract heightened security and regulatory scrutiny toward the DeFi venture.
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