WLFI Responds to Pre-Launch Wallet Breach, Initiates Secure Fund Recovery

World Liberty Financial (WLFI) has issued a detailed update addressing a security incident that occurred prior to its official launch, where a small subset of user wallets were compromised due to external phishing attacks and third-party security lapses. The company confirmed that the breach did not stem from any vulnerabilities in WLFI's core platform or smart contracts. Upon identification, WLFI immediately froze the impacted wallets and required affected users to re-complete Know Your Customer (KYC) verification to confirm ownership before any fund recovery could proceed.

Engineers developed and rigorously tested new on-chain smart contract logic designed to handle bulk reallocations securely, a process that took longer than initially expected to ensure user safety. Reallocation of funds has now begun for verified users who completed the KYC checks, while wallets of those who have not yet verified remain frozen, though they can still initiate the process through WLFI's help center.

WLFI thanked the community for their patience and reiterated its commitment to safeguarding user assets and maintaining regulatory compliance, with the team now focused on advancing the platform's development stages.