ZachXBT stated that more than 87%of FreedomXMR inflows were related to illicit activity; the allegations remain subject to independent verification.
Article
ZachXBT：HL More than [amount] of the funds flowing into the money-laundering service FreedomXMR on Core 87%of inflows were related to illicit activity
PANews October 20 reported that on-chain investigator ZachXBT stated in a post that 2026 year August, a centralized money-laundering service called FreedomXMR (FXMR) appeared on Hyperliquid Core (HL Core). More than 87%of its inflows were directly related to illicit activity. Following manual review, among FXMR all historical inflows exceeding 10000 USD, more than 20000000 USD directly originated from ransomware attacks, exploits, malware, and social-engineering attacks, including:DCENT wallet exploit incident (2026),September Fetch[.]ai exploit incident (2026),September Axelar exploit incident (2026),September a ransomware payment (2026).September...
ZachXBT stated that FreedomXMR (FXMR) appeared on Hyperliquid Core (2026 Core) in August year HL.
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ZachXBT stated that more than 87%of FreedomXMR inflows were directly related to illicit activity.
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ZachXBT stated that, following manual review, among FXMR all historical inflows exceeding 10000 USD, more than 20000000 USD directly originated from ransomware attacks, exploits, malware, and social-engineering attacks.
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The original text listed exploit incidents involving DCENT wallet, Fetch[.]ai, and Axelar in 2026 year September, as well as a ransomware payment.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is an allegation based on PANews' relay of an on-chain fund-flow analysis. ZachXBT believes that most funds entering FreedomXMR are linked to illicit activity and stated that some large historical inflows came from several types of attack incidents. The provided material does not present the full analytical process or verifiable transaction data.
Why it matters to readers
If the claims are verified, the sources of funds involved in FreedomXMR and its activity on Hyperliquid Core could become security and compliance concerns.
Beginners should treat the ratios, amounts, and sources of funds in the article as analytical conclusions put forward by ZachXBT, rather than facts already confirmed by an independent institution.
Risks and unknowns
The provided material does not include the full text of ZachXBT's original post.
The provided material does not include on-chain addresses, transaction paths, or the manual-review methodology.
There has been no response from Hyperliquid Core or FreedomXMR.
The connection between the attack incidents listed in the article and FXMR the inflows has not been independently confirmed.
The body of the report is truncated, and the listed incidents may be incomplete.
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On-chain investigator
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