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ZachXBT: Garden Finance facilitated money laundering for Bybit hackers

ZachXBT: Garden Finance facilitated money laundering for Bybit hackers

CointimeCointime2025/06/22 03:24
By:Cointime

 "on-chain detective" ZachXBT accused the Bitcoin bridging service Garden Finance of facilitating some major cryptocurrency hacking cases, including providing convenience for the Bybit hacker to launder money. ZachXBT pointed out that over 80% of the fee income on the Garden Finance platform recently comes from alleged illegal transactions related to the North Korean Lazarus Group. However, Garden Finance founder Jaz Gulati denied these accusations, while also refuting related criticisms and calling them false information. According to Dune Analytics data, the Garden Finance platform has facilitated 40,571 atomic swap transactions, with a total trading volume of over 24,984 BTC, worth approximately $1.5 billion, and has so far generated fee income of 40.11 BTC.

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