World Liberty Financial has accused its detractors of orchestrating a deliberate and coordinated assault on its stablecoin, $USD1. This development comes amid rumors that the Trump-endorsed cryptocurrency project might be under scrutiny in an upcoming insider trading probe led by renowned blockchain investigator ZachXBT.
ZachXBT announced via his X account that he plans to unveil a significant investigation on February 26, targeting one of the most lucrative entities in the crypto space. According to him, multiple employees exploited confidential information for insider trading over an extended period.
Although no specific company or individual was named, speculation within the crypto community quickly pointed towards potential suspects.
The token associated with World Liberty ($WLFI) experienced volatility, dropping as low as $0.1088 before stabilizing again. Meanwhile, their stablecoin $USD1 briefly slipped below its intended $1 peg during this period of uncertainty.
The timing coincided with observations that Eric Trump had removed a post related to $WLFI from his social media profile, intensifying rumors that this project could be at the center of ZachXBT’s investigation.
$WLFI Responds: Claims Accounts Were Hacked and FUD Campaign Launched
In response to these swirling allegations, World Liberty Financial promptly issued an official statement asserting that “a coordinated attack targeted $USD1 earlier today.”
The company further alleged that attackers compromised several cofounder accounts linked to $WLFI and paid influencers to disseminate fear, uncertainty, and doubt (FUD). Additionally, they claimed large short positions were opened against $WLFI tokens aiming to capitalize on market chaos engineered by these malicious actors.
Despite these accusations, World Liberty emphasized their resilience—stating their token continues smooth trading backed by a robust mint-and-redeem system fully supported at a 1:1 ratio.
However, no concrete blockchain evidence was provided regarding hacked accounts or identification of paid influencers. Similarly lacking is any verifiable data supporting claims about coordinated short selling activity against their tokens.
Eric Trump Highlights Maldives Luxury Resort Tokenization Project
Amid ongoing speculation surrounding the Trump-affiliated venture, Eric Trump shared updates about an ambitious initiative involving tokenized luxury real estate in the Maldives under the banner of $WLFI. The plan includes developing 100 beachside and overwater villas whose ownership will be represented through digital tokens at various stages of construction.
“I’m thrilled to introduce The Trump Organization’s presence in the Maldives,” Eric stated on X (formerly Twitter), “merging tangible assets with digital innovation.”
This month also saw Apex Group—a financial services firm managing assets worth approximately $3.5 trillion—agreeing to pilot this novel tokenization approach alongside World Liberty Financial’s team.
Notably though community members noticed Eric deleted one previous post mentioning $WLFI from his profile which fueled further intrigue around possible undisclosed developments within this project sphere.
$USD1 Stablecoin Maintains Stability Despite Challenges
The circulating supply for stablecoin $USD1 currently stands near 4.8 billion tokens after briefly dipping below parity during recent turbulence but subsequently regaining its dollar peg without major disruption . p >
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Despite successfully weathering what it calls “a coordinated attack,” President Trump’s connection with both $ WLFI and its stablecoin $ USD remains under frequent scrutiny from political opponents . Cryptopolitan recently reported Senators Elizabeth Warren and Andy Kim have urged Treasury Secretary Bessent review concerns regarding a substantial UAE government-linked investment totaling half a billion dollars into this crypto venture affiliated with former President Trump’s network . p >
As things stand , ZachXBT ‘s exact investigative target remains undisclosed , known only as “one among crypto ’ s most profitable enterprises.” Meanwhile , despite making serious claims about hacked accounts along with influencer-driven misinformation campaigns aimed at destabilizing them , $ WLFI has yet not offered further updates or proof substantiating those allegations . p >
Speculation is expected continue building until either new revelations emerge or attention shifts elsewhere if another entity becomes focal point within Crypto Twitter discussions . p >