WLFI Response: This was a coordinated attack, with the attacker infiltrating the WLFI Founders' account and heavily shorting WLFI.

On February 23, World Liberty Financial (WLFI) announced via social media: "This morning, a coordinated attack was launched against USD1. The attacker gained unauthorized access to accounts belonging to multiple WLFI co-founders, hired key opinion leaders (KOLs) to spread panic, and placed heavy short positions on WLFI assets in an attempt to profit from the orchestrated turmoil. However, the attack was unsuccessful. Thanks to USD1’s robust minting and redemption mechanisms and full 1:1 asset backing, USD1’s trading price held steady at its par value. No fraudsters could shake the entire WLFI team’s or the co-founders’ long-term commitment to USD1. Users are advised to only obtain accurate information through verified official channels."