WLFI alleges coordinated attack on USD1; token drops ~7% as stablecoin touches $0.994

On Monday, World Liberty Financial said hackers, short sellers, and paid influencers targeted its USD1 stablecoin and cofounder accounts in a coordinated effort. During the turbulence, its token fell about 7% and traded near $0.1089, while USD1 briefly slipped to roughly $0.994 before recovering toward $0.999.