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ZachXBT: Garden Finance facilitates Bybit hackers to launder money

Online reports that "chain detective" ZachXBT accused Bitcoin bridging service Garden Finance of facilitating some major cryptocurrency hacker thefts, including facilitating money laundering for Bybit hackers. ZachXBT pointed out that more than 80% of recent fee revenue on the Garden Finance platform came from illegal transactions allegedly related to North Korea's Lazarus Group. However, Garden Finance founder Jaz Gulati denied the allegations, while also refuting the criticism and calling it false information. According to Dune Analytics data, the Garden Finance platform has facilitated 40,571 atomic exchange transactions, with a total transaction volume of more than 24,984 BTC, worth approximately US$1.5 billion. So far, fee revenue has hit 40.11 BTC.

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