🔥 WLFI Burns $22M in Epic Wallet Blunder – Trump’s Crypto Saga Continues! 🚀

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Well, butter my biscuit and call me a wizard, World Liberty Financial has gone and done a spot of financial wizardry! In a move that’s more dramatic than a dwarf with a grudge, they’ve burned and reallocated a cool $22.1M in WLFI tokens faster than you can say “pre-launch phishing fiasco.” 🧙‍♂️💸

  • 🔥 WLFI torched and reshuffled $22.1M in tokens linked to pre-launch shenanigans.
  • ❄️ The team froze wallets colder than a troll’s heart, demanded KYC checks, and conjured new smart contract magic.
  • ✅ Verified users get their loot in shiny new wallets, while the unverified lot are left out in the cold. Brrr! 🥶

So, World Liberty Financial has pulled off a financial Houdini act to rescue WLFI tokens from wallets more compromised than a politician’s promises. 🕵️‍♂️💼

The Trump-adjacent project (yes, that Trump) announced this caper in a Nov. 19 post on X, and the blockchain whispers later confirmed the deed. 🦜✨

How the Great Token Rescue Unfolded

World Liberty Financial (WLFI) revealed that several wallets were pickpocketed via phishing scams or exposed seed phrases before the project even got its boots on. Apparently, it was all due to third-party security being about as reliable as a wet match. 🌧️🔥

Back in September, the team froze wallets like a winter in Lancre, demanded users redo their KYC checks, and started collecting new wallet addresses safer than a dwarf’s vault. 🏦❄️

1/ Before WLFI’s grand entrance, a handful of wallets were pilfered via phishing or seed phrase leaks.

Since then, we’ve tested new smart contract spells to safely redistribute funds and verified identities via KYC checks.

Soon, users who…

– WLFI (@worldlibertyfi) November 19, 2025

After tinkering with new smart contract logic (because who doesn’t love a good tinker?), WLFI unleashed an emergency function on Nov. 19. This burned 166.667 million WLFI tokens (a tidy $22.14 million) from the compromised wallets and poofed them into verified recovery addresses. 🔥✨

On-chain sleuth Emmett Gallic had a gander and noted the function was tailor-made for when wallets go AWOL or tokens fall into the wrong hands. 🕵️‍♂️🔍

World Liberty Fi pulled an emergency burn of 166.667M $WLFI ($22.14M) from dodgy addresses, reallocating to a recovery vault.

This trick’s for two scenarios:
An investor loses wallet access before vesting OR a scoundrel nabs WLFI via exploit. 🏴‍☠️💰

– Emmett Gallic (@emmettgallic) November 19, 2025

WLFI claims they took a slow and steady approach, like a tortoise with a degree in finance, to avoid any mishaps. Verified users will get their tokens in spiffy new wallets, while the unverified crowd stays frozen until they sort themselves out via the help center. 🐢❄️

The Tale of the Compromised Wallets

Most wallets were done in by phishing scams and leaky keys. Some traced back to September’s EIP-7702 fiasco during Ethereum’s Pectra upgrade, where attackers planted malicious contracts that later drained tokens like a vampire at a blood bank. 🧛‍♂️💸

WLFI froze 272 wallets back then and warned users about fake support accounts and scam clones. They insist the number of affected users was small but demanded full verification to avoid sending funds to the wrong scoundrels. The team also reminded everyone to stick to official channels for recovery. 📢✅

Political Shenanigans and the Current State of Play

All this comes as WLFI faces more questions than a wizard at a pub quiz. Senators Elizabeth Warren and Jack Reed have asked federal agencies to probe claims that WLFI tokens were sold to sanctioned entities. WLFI hasn’t batted an eyelid at these allegations in recent statements. 🧙‍♀️📜

The project presses on with its USD1 stablecoin and upcoming integrations. With the recovery sorted, the team’s ready to march forward and focus on development, because nothing says “moving on” like a fresh financial scandal. 🚀💼

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2025-11-20 08:01