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Mirror Tang, founder of security firm Salus, said Chinese authorities have cracked three crypto money laundering cases since March involving HyperLiquid. Criminals used HyperLiquid’s high-leverage liquidation to create artificial losses, while reversing positions on centralized exchanges to profit and launder illicit funds.

Mirror Tang, founder of security firm Salus, said Chinese authorities have cracked three crypto money laundering cases since March involving HyperLiquid. Criminals used HyperLiquid’s high-leverage liquidation to create artificial losses, while reversing positions on centralized exchanges to profit and launder illicit funds.
𝕏/@mirrorzk •
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