Cryptohack Roundup: WLF Scrambles to Secure User Funds

Also: UK Fraud Investigators Make Arrests in $28M Basis Markets Rug-Pull Probe Rashmi Ramesh (rashmiramesh_) • November 27, 2025

Every week, Information Security Media Group rounds up cybersecurity incidents involving digital assets. This week, World Liberty Financial scrambles to secure user funds, the U.K.'s Serious Fraud Office arrests two people in a $28 million Basis Markets rug-pull probe, Gana Payment hack drains $3.1 million and Crypto Dispensers weighs $100 million sale after CEO charged with money laundering.

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World Liberty Financial said it is reallocating user funds and verifying identities through new know-your-customer checks after discovering that some wallets were compromised through phishing attacks or exposed seed phrases. The cryptocurrency project, which has links to U.S. President Donald Trump, blamed "third-party security lapses," rather than any flaws in its own platform or smart contracts. WLF ...