ZachXBT Exposes Alleged $20M Laundering Route on Hyperliquid
Photo: ETHNews
ZachXBT alleges that more than 87% of FreedomXMR’s incoming volume is linked to illicit activity. The service reportedly used Hyperliquid’s HIP-1 token infrastructure and sourced Monero liquidity through KuCoin. The investigation creates separate questions for the token’s deployer, Hyperliquid’s trading interfaces and exchanges handling associated funds. Blockchain investigator ZachXBT has identified more than $20 million in suspected illicit cryptocurrency deposits to FreedomXMR, a centralized swap service associated with a token deployed on Hyperliquid Core.
Source: ETHNews
