WLFI: USD1 Faces Organized Attack, Token Maintains 1:1 Peg
According to Odaily, WLFI has issued a statement saying that USD1 suffered an organized attack on the morning of that day. The announcement pointed out that relevant individuals infiltrated the accounts of several WLFI co-founders, spread negative information through various channels, and simultaneously established a large number of WLFI short positions.
WLFI stated that USD1 is backed by 1:1 asset support and a minting and redemption mechanism, and is still trading at parity with its pegged asset. The team emphasized that they will continue to advance their established plans and advised users to rely on information from officially certified channels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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