Web3 security red alert: Hyperliquid may be exploited for money laundering, says Salus founder.

Mirror Tang reveals that Chinese authorities cracked 3 laundering cases since March involving Hyperliquid's high-leverage liquidation system.

💡 The method:

1⃣ Create forced liquidations on HL

2⃣ Open reverse positions on CEX

3⃣ Illicit funds "cleaned" via arbitrage

🔁 This mirrors James Wynn’s strategy.

Without proper risk controls, regulatory crackdown is imminent.

#Web3Security #Hyperliquid