A new centralized laundering service FreedomXMR (FXMR) appeared on Hyperliquid Core in August 2026. More than 87% of its | Hanami
A new centralized laundering service FreedomXMR (FXMR) appeared on Hyperliquid Core in August 2026. More than 87% of its inflow volume is tied directly to illicit activity.
A manual review of all historical FXMR inflows above $10K traced $20M+ directly to ransomware, exploit, malware, and social engineering incidents, including:
• DCENT Wallet exploit (Sep 2026)
• Fetch[.]ai exploit (Sep 2026)
• Axelar exploit (Sep 2026)
• Unnamed ransomware payment (Sep 2026)
• Gamdom exploit (Oct 2026)
The admin sources XMR liquidity from KuCoin, with 3K+ deposits to KuCoin, and likely uses a swap model similar to Wagyu's.
The FXMR ticker was bought in an HL auction on July 27, 2026 for 518.28 HYPE ($28K).
HL Core has seen several centralized laundering services, such as b1exch, abuse the chain’s permissionless design and adoption.
A spreadsheet with source data has been shared with the HL team.
FXMR hot wallet
0x51687f549b9a4607e8e6f7714a0b986c0dbcdef2
FXMR admin
0x1b7fb7709b146d74aad0b2b853bc741d8885bdb2
0x06ecb2a427c3d51a66c29d9b4fb1960107d10b19
0xecbb61b2aabd32da2082acd989218b0911b79406