WLFI investigating technical issue after brief USD1 depeg

World Liberty Financial (WLFI) announced that its stablecoin, USD1, is now operating normally following a temporary depegging event. The company stated it is investigating a technical issue with the related mechanism. In response, the crypto community has speculated on several potential causes for the incident, including: - A large-scale sell-off by a whale. - The deletion of a social media post by President Donald Trump's youngest son. - An anticipated exposé from a crypto whistleblower account regarding alleged insider trading at a prominent crypto firm.