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