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WLFI Freezes Wallets, Recovers $22M After Phishing Attack

WLFI Freezes Wallets, Recovers $22M After Phishing Attack

Author:

Global Cryptocurrency

Published:

2025-11-20 06:07:24

7

3

BTCCSquare news:

World Liberty Financial (WLFI) moved swiftly to contain a security breach stemming from phishing attacks and exposed seed phrases prior to its platform launch. The incident affected a limited number of user wallets, prompting WLFI to freeze compromised accounts and initiate a KYC re-verification protocol.

The platform engineered new smart contract logic to safely migrate funds to fresh wallets, emphasizing the breach originated from third-party vulnerabilities—not flaws in its infrastructure. Funds will be reallocated exclusively to users who complete verification.

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