WLFI Says On-Chain Blacklisting May Have Blocked Theft Attempts During Token Launch Amid EIP-7702 Risks

  • Onchain blacklisting stopped theft attempts

  • WLFI identified compromised wallets tied to private key losses and blocked them before launch.

  • Analytics and security firms (Bubblemaps, SlowMist) flagged clone contracts and an EIP-7702 phishing vector.

WLFI blacklisting prevented token theft by disabling compromised wallets before launch — learn recovery steps and security tips now.

DeFi project WLFI said its onchain blacklisting efforts have thwarted theft attempts stemming from compromised end-users.

World Liberty Financial (WLFI) reported that a designated wallet executed “mass blacklisting” transactions to disable compromised accounts onchain before token trading opened. The team emphasized these incidents resulted from end-user compromises—such as private key loss—and were not caused by an exploit of WLFI’s protocol.

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WLFI blacklisting disabled wallets flagged as compromised, blocking attempts to drain the project’s Lockbox vesting allocations and preventing unauthorized transfers during the token launch. The team confirmed recovery assistance is underway for affected users.

WLFI said the team used transaction monitoring and manual review to flag accounts linked to private key loss or suspicious patterns. The project cited onchain heuristics and reports from analytics observers to compile a blacklist prior to trading.

Attackers exploited look-alike smart contracts and an EIP-7702 phishing vector that allows offchain-signed actions. Fraudsters used bundled clones to lure users to fake contracts and planted malicious addresses in wallets to siphon tokens on deposit.

EIP-7702 (introduced with Ethereum’s Pectra upgrade) lets externally owned accounts temporarily delegate execution rights, enabling batch operations. Security researchers reported a phishing vector where an offchain signature can be misused to trigger token transfers without a direct onchain approval.


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Source: https://en.coinotag.com/wlfi-says-on-chain-blacklisting-may-have-blocked-theft-attempts-during-token-launch-amid-eip-7702-risks/