Recent events in the cryptocurrency world have drawn attention to Garden Finance and its founder due to a series of accusations regarding ties to cyber attacks.
Accusations and Gulati's Response
The controversy began with ZachXBT’s accusations, to which Gulati quickly responded by referencing a previous post claiming that Garden Finance received 30 BTC before the Bybit hack. Gulati provided a screenshot as proof of his position.
Context and Previous Claims
ZachXBT has doubled down on his accusations, drawing parallels to other hacks allegedly connected to the Democratic People's Republic of Korea, specifically mentioning the WazirX incident that predated the Bybit hack. He characterized Garden Finance as a 'fake decentralized bridge,' which Gulati quickly dismissed as 'misinformation.'
New Accusations and Expectations from Gulati
In a more recent development, ZachXBT levied a fresh accusation, alleging that a single actor has been consistently 'topping up cbBTC’s liquidity from Coinbase for Chinese launderers' as they moved stolen funds from the Bybit hack. Notably, Gulati, who had been quick to respond to previous allegations, has yet to address this specific and serious accusation. The crypto community awaits a response from the Garden Finance founder as these allegations continue to unfold.
The situation surrounding Garden Finance continues to develop amid growing criticism and accusations. The tension within the crypto community fuels expectations for a response from the project’s founder.
