Concerns have been raised again about the ability of the cryptocurrency project World Liberty Financial (WLFI), supported by the Trump family, to freeze and redistribute user funds, despite the platform's claims of being "community-governed."
The platform announced on X on Wednesday that it would redistribute wallet assets affected by a phishing attack that occurred before its launch. The attack leaked a portion of users' wallet mnemonic phrases, and WLFI stated that this only affected a "relatively small portion" of user wallets. WLFI emphasized that the compromised wallets were due to "third-party security vulnerabilities," rather than issues with the platform itself or its smart contracts.
"This is not an issue with the WLFI platform or smart contracts. The attackers gained access to user wallets through third-party security vulnerabilities," WLFI wrote in a post on X.
The asset redistribution applies only to users who have completed KYC verification. Accounts that have not completed KYC will remain frozen. Since September, WLFI has suspended the affected wallets to investigate the incident.
WLFI has blacklisted 272 wallets, of which 215 are related to the phishing attack, and 50 of those wallets have reported being compromised.
"We intervened proactively to prevent hackers from stealing funds and worked with legitimate owners to secure/transfer assets," WLFI wrote in a post on X on September 6.
Cointelegraph has contacted WLFI for details on the total value of the affected assets.
After the announcement, some users on the X platform raised concerns about the platform's ability to freeze and redistribute user funds without a decentralized governance proposal.
"It’s ridiculous to think you can arbitrarily empty or lock any wallet on your protocol and have everyone cheer. The entire ecosystem relies on your security, and in the end, everyone will get burned," wrote anonymous blockchain developer flick in response to the WLFI announcement.
Other users, however, believe that WLFI's actions reflect a sense of responsibility, as the platform is attempting to compensate victims of the September phishing incident.
"I'm glad to see a project actually taking responsibility instead of hiding behind 'it's not our fault.' User safety > everything," crypto trader DefiBagira replied on X on Wednesday.
Related: A decade of data models supports a $100,000 Bitcoin (BTC) buy-in, as time will become the biggest driver of appreciation.
Original article: “With Trump-Supported Project Freezing Wallets, WLFI's Image of 'Community Governance' is Impacted”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
