Salus founder: Chinese law enforcement agencies have cracked three money laundering cases using Hyperliquid, and the strategy structure is highly similar to James Wynn’s path
2025-06-06 05:42
Odaily News Founder Mirror Tang posted on X that since March this year, Chinese law enforcement agencies have cracked three cases of cryptocurrency money laundering using Hyperliquid. The criminal method mainly uses Hyperliquid's high-leverage liquidation mechanism to create liquidation losses on the platform while building reverse positions on centralized exchanges to make profits, thereby completing the flushing of illegal funds.
Mirror Tang noted that this strategy is highly similar to the trading path of Hyperliquid user @JamesWynnReal.
