Trump’s Liberty Financial Wallet Hit by Security Breach Just Before Launch

In Brief

• Trump’s World Liberty Financial crypto wallet suffered a security incident impacting select users ahead of its official launch.
• The platform froze affected wallets, verified ownership, and is preparing to reallocate funds to newly secured wallets.
• The breach intensifies scrutiny over Trump’s increasing involvement in the crypto industry.

Shedrach Kongvong 2025-11-20

Trump’s long-awaited World Liberty Financial wallet finally went live, but not before facing a major setback. A targeted attack compromised several user wallets ahead of launch. Instantly raising red flags about the platform’s security and Trump’s growing footprint in the crypto world.

The crypto investment firm gave updates on the security breach in a series of X posts, saying the wallets were compromised through a phishing attack or exposed seed phrases.

The team further emphasized that the incident was not caused by any internal fault but rather a coordinated external attack.

A Controlled Recovery Process Is Underway

President Donald Trump’s family in June announced plans to launch a new crypto wallet. Positioning World Liberty Financial as the centerpiece of their push into digital assets. However, as the launch approached, the security breach forced the team into emergency response mode.

In September, the platform froze all compromised wallets to prevent further losses. Ownership verification began shortly after, ensuring that only legitimate users would receive access to newly secured wallets.

The team has now tested new smart contracts, updated security frameworks, and begun re-verifying user identities.

1/ Prior to WLFI’s launch, a relatively small subset of user wallets were compromised via phishing attacks or exposed seed phrases.

Since then, we’ve tested new smart contract logic to safely reallocate user funds and verified users’ identity via KYC checks.

Shortly, users who…

— WLFI (@worldlibertyfi) November 19, 2025

For those who have completed KYC, fund reallocation will begin soon, while unverified users are urged to finish their verification process, or risk having their funds remain locked indefinitely.

Political and Crypto Critics Prepare Their Next Target

Trump has been one of the most vocal political figures supporting cryptocurrency, going as far as launching his own token and weaving crypto into several campaign talking points.

His involvement with the industry has attracted criticisms from Democrats, one of which has moved to ban him and other public figures from having anything to do with crypto.

This latest security incident gives his opponents fresh ammunition. Even though the breach stemmed from user-side vulnerabilities rather than platform flaws, the optics aren’t great. Since a high-profile project associated with Trump faces security issues before launch which only deepens skepticism around his crypto ventures.

As World Liberty Financial works to restore confidence and migrate users to safer wallets, the broader narrative means that every move Trump makes in crypto is under a magnifying glass.