WLFI "September wallet phishing incident not a platform defect"…secure wallet reassignment planned
Summary
- WLFI said that the wallet phishing incidents in September were caused by a third-party security breach, not a platform defect.
- The affected wallets have already been frozen, and WLFI said it has completed testing the new smart contract logic.
- WLFI added that the assets of users who meet the requirements will be transferred to a new secure wallet.
World Liberty Financial (WLFI), led by U.S. President Donald Trump and his family, stated that the phishing damage that occurred in some users' wallets last September was not due to a defect in the platform itself but originated from a third-party security incident.
On the 19th (local time), WLFI explained via its official X (formerly Twitter), "The wallets identified as problematic have already been frozen," and "we have completed all tests of the new smart contract logic for affected users." It added that users who meet the requirements will soon have their assets transferred to a new secure wallet.
The company made clear that this incident was caused by an external phishing attack rather than a vulnerability in WLFI's smart contracts or a structural issue with the platform, and attention is focusing on whether security processes will be strengthened going forward.


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
