ZachXBT flags FreedomXMR flows into Monero
On-chain investigator ZachXBT reported that a swap service called FreedomXMR on Hyperliquid Core has taken in large volumes since August, with more than 87% of bigger inflows linked to ransomware, exploits, malware, and social-engineering cases. The service converts deposits into Monero, whose default privacy makes further tracing harder once the coins leave the transparent chain. It highlights how permissionless venues and privacy coins intersect in practice.
https://www.bankless.com/read/news/zachxbt-flags-20m-xmr-laundering-ring-on-hyperliquid
cryptodecentral / CryptoDecentral
npub10e…z384g
2026-10-21 18:15:22 UTC
Author Public Key
npub10eg6hnelz5yy65dmlmfa85j56gltc8jayayjzeqagvxml84027aq0z384gPublished at
2026-10-21 18:15:22 UTCEvent JSON
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"created_at": 1792606522,
"kind": 1,
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"content": "ZachXBT flags FreedomXMR flows into Monero\n\nOn-chain investigator ZachXBT reported that a swap service called FreedomXMR on Hyperliquid Core has taken in large volumes since August, with more than 87% of bigger inflows linked to ransomware, exploits, malware, and social-engineering cases. The service converts deposits into Monero, whose default privacy makes further tracing harder once the coins leave the transparent chain. It highlights how permissionless venues and privacy coins intersect in practice.\n\nhttps://www.bankless.com/read/news/zachxbt-flags-20m-xmr-laundering-ring-on-hyperliquid",
"sig": "00916a51bf592ac8532b328cc43516794b76cc0749e895e4e00817884230ffbcc5ebc67465f1cc10fb19df600e0a7162af9e9b8e7c500465854dc0e4617e2902"
}