World Liberty Financial (WLFI), a cryptocurrency project associated with the Trump family, has reported a coordinated attack on its USD1 stablecoin. The attack involved hacking the accounts of several WLFI co-founders, spreading FUD (fear, uncertainty, and doubt) through paid channels, and large-scale shorting of WLFI to profit from market volatility. Despite these challenges, WLFI assures that USD1 maintains its peg through a 1:1 full reserve and minting redemption mechanism. The company advises users to obtain information only from verified sources.