Trump Family-Backed Cryptocurrency Faces Coordinated Security Breach

Trump Family-Backed Cryptocurrency Faces Coordinated Security Breach

First seen 24 Feb 2026, 02:10 UTC BloombergFinedayradio 24.3

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World Liberty Financial, a digital-asset venture backed by the Trump family, reported a coordinated security breach targeting its USD1 stablecoin. The cryptocurrency briefly fell below its $1 peg on February 23, 2026, before recovering, with officials confirming that all funds remained secure.

Timeline

2026-02-23
World Liberty Financial reports coordinated attack on USD1 stablecoin
2026-02-23
USD1 stablecoin briefly trades below $1
2026-02-24
USD1 stablecoin recovers to $1 after security incident