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ZachXBT warns that FreedomXMR is now being used to launder funds from notable exploits
Published Source: CryptoPolitanRead original
Crypto Insight Summary: FreedomXMR has laundered $20M from several recent hacks and exploits, discovered on-chain researcher ZachXBT. Crypto Insight Analysis: Direction: Bearish XMR Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Privacy coins face increased scrutiny and potential regulatory pressure due to money laundering concerns.