Specialized security tracking of cryptocurrency flows has revealed that more than 87% of the funds flowing into the FreedomXMR token on Hyperliquid, associated with $HYPE , can be linked to illicit funds.

The findings indicate that more than $20 million of these flows stem from hacks and ransomware payments—a significant figure that raises questions about the nature of the funds passing through the platform.

The data show that proceeds linked to cybercrime may find their way into decentralized markets, adding to the challenges facing those trying to trace the source and destination of the funds.

The full details of how these flows are classified remain uncertain, but the scale of the cited share has put the issue in the spotlight among industry participants.

Click $HYPE to trade

$HYPE

Others have already followed. Visit my profile and join those who read before the news breaks.