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Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms

Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms

World Liberty Financial (WLFI) said it is reallocating funds and confirming user identities after several wallets were compromised ahead of its platform launch.According to WLFI’s post on X, the company froze the affected addresses in September and has been verifying ownership before moving assets b…

Trump-backed World Liberty Financial reallocates funds following ā€˜third-party security lapses’

Trump-backed World Liberty Financial reallocates funds following ā€˜third-party security lapses’

World Liberty Financial, facing congressional scrutiny over alleged token sales to entities in sanctioned regions including North Korea, Russia, and Iran, said Wednesday it is working to "reallocate user funds and verified users' identity via KYC checks" following potential breaches.In an X post, th…