Blockchain Sleute Zachbt accused the park financing, which determines the brands themselves as “the fastest Bitcoin Bridge”, to facilitate the laundering of the main encryption shells, including the BYBIT penetration.
On June 21 mail In X, Zachbt claimed that more than 80 % of modern service revenues stem from the illegal transactions that are alleged to be linked to the North Korean Lazaros Group.
The prosecution came in response to a former post by Jaz Gulati, a co -founder of Garden Finance, who recently described the success of the platform, citing 38.86 Bitcoin (BTCIn the collected fees – $ 300,000 was obtained over 12 days ending on June 2.
“I left comfortably> 80 % of your fees came from Chinese laundry who convey the money of the Lazaros group of penetration bybit,” said Zachxbt.
Related to: Hong Kong to develop an encryption tracking tool for money laundering
Central liquidity washing
Zachxbt also claimed that one representative is constantly issued CBTC liquidity from Coinbase, Providing illegal flows effectively while the garden claimed the operation of a non -central and disgraced model.
“Explain how” decentralization “when I saw in the actual time for several days, as one entity continued to issue CBTC liquidity from Coinbase,” Zakist’s books, wondering about the project’s allegations of decentralization.
In response, the founder of the Jaz Gulati Garden Funds denied these allegations, noting that 30 BTC was collected in the fees before the Bybit incident. Criticism was rejected as wrong information, describing the brand “fake decentralization”.
Garden financing is claimed to enable Crosschain’s bodies within 30 seconds with zero risk.
According to sand dunes analyzes DashboardThe project has made more than 24,984 BTC in total size, equivalent to more than $ 1.5 billion, through 40,571 atomic bodies. The platform collected 40.11 BTC in the fees so far, with the largest swap of up to 10 BTC.
Cointelegraph connects to Jaz to comment via X but he did not receive a response through publication.
Related to: The encryption contestants are carried out by a sinner of $ 37 million targeting Americans
The founder of Chefir is accused of washing 530 million dollars
Last week, Iurii Gugen, founder of Crypto Evita Pay, was arrested in New York. He faces 22 federalism The charges associated with the sprawling money laundering scheme It claims to involve more than $ 530 million.
According to the US Department of Justice, Gugenin facilitated the transactions of Stablecoin that enabled customers associated with Russian banks approved, such as SberBank and VTB, to overcome restrictions and reach sensitive American technologies.
Prosecutors say that the operation lasted from June 2023 to January 2025. Gogin was accused of wire fraud, money laundering, and the management of unlicensed funds. If convicted, he may face a life sentence.
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