WLFI has announced that a phishing attack and mnemonic phrase leaks led to a breach of a small number of user wallets before the platform's launch. In response, the company has frozen the affected wallets and initiated a Know Your Customer (KYC) re-verification process. Additionally, WLFI is developing new contract logic to transfer funds to secure wallets. The company emphasized that the incident was not due to platform or contract vulnerabilities but was caused by third-party security issues. Funds for users who complete the verification process will be gradually redistributed, while wallets that have not completed the process will remain frozen. Affected users can still submit verification through customer service channels.