272 wallets blacklisted to address phishing and user-reported compromises.
215 wallets tied to phishing, 50 blocked at owners’ request.
WLFI pledged transparent updates and user support during investigations.
WLFI confirmed that 272 wallet addresses were blocked in recent days to address security threats and protect users. The organization said the action was based strictly on on-chain security indicators, not trading behavior. Officials explained that the intervention was necessary after several reports of phishing and compromised accounts surfaced through a thread on X.
Breakdown of Blacklisted Addresses
Of the 272 wallets restricted, 215 were connected to a coordinated phishing campaign. WLFI said those addresses were preemptively stopped to prevent further unauthorized withdrawals. Another 50 addresses were blocked after owners reported account compromises through official support channels. WLFI stated these restrictions were requested by the affected users themselves.
Five additional addresses were placed under review because they were flagged for high-risk exposure. One wallet was frozen due to an internal investigation into suspected misappropriation of user funds. WLFI said conclusions on these cases would be communicated publicly once reviews are complete.
Officials stressed that blacklisting is not standard practice and occurs only in response to malicious or high-risk activity. The group emphasized that normal market participation is not subject to restrictions. WLFI said investigations focus on blockchain security signals and avoid targeting individuals for their trading decisions. A statement clarified that the intervention covered only a small fraction of total holders. The organization noted that rightful owners of compromised wallets would be assisted in securing assets and verifying control.
Guidance for Impacted Users
WLFI urged any users affected by phishing attempts or suspicious activity to report cases through its help center. Officials requested detailed information, including transaction hashes, screenshots, and wallet addresses, to support investigations. Users were also advised to avoid unofficial links or direct messages impersonating company accounts.
The group is committed to updating the community once the investigations are finalized. Outcomes for each category of blacklisted addresses will be shared publicly. WLFI added that ongoing reviews remain centered on preventing harm and securing assets. Officials stated the organization remains focused on preserving market integrity while completing pending investigations
A follow-up announcement will provide details on the status of flagged addresses and recovery efforts. WLFI also reminded users that privacy is protected throughout the process, as reviews rely on verifiable on-chain behavior. The recent measures marked one of the largest targeted blacklisting actions by WLFI in recent months. Officials closed by stating operations continue as normal, with pending collaborations and announcements unaffected by the security reviews.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
WLFI Blocks 272 Wallets After Phishing Reports and Security Concerns
272 wallets blacklisted to address phishing and user-reported compromises.
215 wallets tied to phishing, 50 blocked at owners’ request.
WLFI pledged transparent updates and user support during investigations.
WLFI confirmed that 272 wallet addresses were blocked in recent days to address security threats and protect users. The organization said the action was based strictly on on-chain security indicators, not trading behavior. Officials explained that the intervention was necessary after several reports of phishing and compromised accounts surfaced through a thread on X.
Breakdown of Blacklisted Addresses
Of the 272 wallets restricted, 215 were connected to a coordinated phishing campaign. WLFI said those addresses were preemptively stopped to prevent further unauthorized withdrawals. Another 50 addresses were blocked after owners reported account compromises through official support channels. WLFI stated these restrictions were requested by the affected users themselves.
Five additional addresses were placed under review because they were flagged for high-risk exposure. One wallet was frozen due to an internal investigation into suspected misappropriation of user funds. WLFI said conclusions on these cases would be communicated publicly once reviews are complete.
Officials stressed that blacklisting is not standard practice and occurs only in response to malicious or high-risk activity. The group emphasized that normal market participation is not subject to restrictions. WLFI said investigations focus on blockchain security signals and avoid targeting individuals for their trading decisions. A statement clarified that the intervention covered only a small fraction of total holders. The organization noted that rightful owners of compromised wallets would be assisted in securing assets and verifying control.
Guidance for Impacted Users
WLFI urged any users affected by phishing attempts or suspicious activity to report cases through its help center. Officials requested detailed information, including transaction hashes, screenshots, and wallet addresses, to support investigations. Users were also advised to avoid unofficial links or direct messages impersonating company accounts.
The group is committed to updating the community once the investigations are finalized. Outcomes for each category of blacklisted addresses will be shared publicly. WLFI added that ongoing reviews remain centered on preventing harm and securing assets. Officials stated the organization remains focused on preserving market integrity while completing pending investigations
A follow-up announcement will provide details on the status of flagged addresses and recovery efforts. WLFI also reminded users that privacy is protected throughout the process, as reviews rely on verifiable on-chain behavior. The recent measures marked one of the largest targeted blacklisting actions by WLFI in recent months. Officials closed by stating operations continue as normal, with pending collaborations and announcements unaffected by the security reviews.