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World Liberty Financial burned $22.14M worth of $WLFI — this is how Trump project is fighting scammers
The team stated that before the launch of $WLFI, a small number of wallets were phished
Their solution?
🔸Burn the tokens on compromised wallets, reissue them, and redistribute them to the “legitimate owners” after an updated KYC procedure
WLFI was never about decentralization in the first place
🔹Another reminder that the team is all-powerful and can revoke tokens at any moment