ZachXBT has accused Garden Finance, a platform claiming to be the fastest Bitcoin bridge, of facilitating the laundering of funds connected to significant crypto thefts, including the Bybit hack. ZachXBT's allegations assert that over 80% of Garden's recent fee revenue derives from illicit transactions linked to the North Korean Lazarus Group. This claim was made in response to co-founder Jaz Gulati's statements highlighting the platform's earning success. Additionally, ZachXBT argued that a single entity was consistently boosting liquidity on Garden, undermining its proclaimed decentralized model. In defense, Gulati refuted these allegations, emphasizing that a portion of the fees was collected prior to the Bybit incident and labeling the decentralized model as legitimate. Garden Finance states it has completed over 24,984 BTC in total volume across atomic swaps, with fees amounting to 40.11 BTC to date. These developments highlight ongoing concerns about transparency and decentralization in cryptocurrency platforms.

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