Coin Bureau
Coin Bureau|Oct 20, 2026 16:48
🚨NEW: ZachXBT says over 87% of inflows to FreedomXMR, a service operating on Hyperliquid Core, are directly linked to ILLICIT activity. Reviewing historical deposits above $10,000, the investigator traced more than $20 MILLION to ransomware, exploits, malware and social engineering, including incidents involving DCENT Wallet, Fetch .ai, Axelar and Gamdom. ZachXBT describes FXMR as a centralized laundering service that emerged in August. He says its administrator sources Monero liquidity from KuCoin, with associated addresses making over 3,000 deposits to the exchange. He has shared the supporting onchain data with the Hyperliquid team.
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