BlockBeats News: On June 6th, Mirror Tang (@ mirrorzk), founder of Web3 security company Salus, posted on social media that since March this year, Chinese law enforcement agencies have cracked three cases of cryptocurrency money laundering using HyperLiquid. The operation method is to use Hyperliquid's high leverage liquidation mechanism to flush out illegal gains, create liquidation losses on HyperLiquid, and reverse build positions on centralized trading platforms to profit, completing fund bleaching. Salus will officially disclose this information in future research articles that collaborate with law enforcement agencies.
Mirror Tang also pointed out that this strategy structure is highly similar to the operational path of James Wynn, a giant whale who recently opened high multiples contracts and ultimately withdrew $100 million in profits.
Mirror Tang calls on Hyperliquid co-founder Jeff to take this issue seriously, stating that if the lack of current risk control measures cannot be addressed, there will be a high risk of regulatory intervention.
