WLFI Loses $22M, Finds It Again (Spoiler: Hackers Got Baked). 🍞💰

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Key Highlights

  • WLFI “accidentally” turned hackers into pastry chefs by recovering $22.1M via wallet-burning theatrics.
  • Phishing, leaked seed phrases, and Ethereum’s EIP-7702 drama? Just Tuesday for crypto. 🤷♂️
  • Verified users get tokens back. Unverified? Welcome to crypto purgatory. 🧊

World Liberty Financial (WLFI) is now the protagonist of its own heist movie-only the bad guys got baked. After losing $22M to pre-launch wallet chaos, they pulled off a Hitchcockian token reallocation. Spoiler: The hackers’ wallets are now empty, and the real heroes are KYC forms. 🎬

On November 19, WLFI posted a cryptic X update that read like a rom-com script: “Our security issue wasn’t us. Blame the users! (Also, phishing is so 2025.)” 🚨 They froze 272 wallets, demanded KYC re-verifications, and burned 166.7M WLFI like it was a crypto Bonfire of the Vanities. 🧨

1/ Phishing? Seed phrases? EIP-7702? We’re just here for the drama. 🎭
2/ Burned tokens, reallocated them, and now we’re basically financial magicians. 🎩
3/ Unverified users? You’ll wait in the crypto equivalent of a DMV line. 🚗

– WLFI (@worldlibertyfi) November 19, 2025

The team also blamed Ethereum’s Pectra upgrade for turning some wallets into digital piñatas. “Malicious contracts? Sure, why not?” they shrugged. 🤷♀️ Meanwhile, on-chain analyst Emmett Gallic nodded along like this was a normal Tuesday. 🧑💼

Recovery Measures: Burn and Reissue

WLFI’s solution? Burn the tokens, reallocate them, and call it a “cautious approach.” Because nothing says “trust us” like setting your assets on fire. 🔥 Verified users will get their tokens back-eventually. Unverified ones? Enjoy your frozen crypto. It’s like a spa day for your wallet. 🧖♀️

WLFI’s USD1 Product Updates

While everyone’s busy solving security issues, WLFI is also launching a USD1 stablecoin and a debit card. “Apple Pay integration? Coming soon!” they announced, because who doesn’t want to spend their stablecoins while pretending to buy groceries? 🛒

As for the hackers? They probably left a 5-star Yelp review for the “educational experience.” But hey, at least WLFI’s team is now experts in crisis management-and baking bread. 🍞

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2025-11-20 15:51