WLFI carried out an emergency operation this morning, burning 166 million WLFI tokens.
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According to a report by Jinse Finance, as monitored by Emmett Gallic, the WLFI team executed an emergency function this morning, destroying 166.667 million WLFI (worth approximately $22.14 million) from the compromised address and reallocating the funds to a recovery address. This function is designed for two scenarios: when investors lose wallet access before their rights are vested, or when malicious accounts obtain WLFI through vulnerabilities.
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