On June 6, Mirror Tang (@mirrorzk), founder of Web3 security company Salus, posted on social media that since March this year, Chinese law enforcement agencies have detected three cases of cryptocurrency money laundering using HyperLiquid. The operation method is to use Hyperliquid's high-leverage liquidation mechanism to hedge and wash illegal gains, create liquidation losses on HyperLiquid, and make profits in reverse positions on centralized trading platforms to complete fund bleaching. Salus will release research articles on cooperation with law enforcement agencies in the future to officially disclose this information. Mirror Tang also pointed out that the strategy structure is highly similar to the operating path of James Wynn, a giant whale that recently opened high-margin contracts and eventually withdrew $100 million in profits. Mirror Tang called on Jeff, co-founder of Hyperliquid, to pay attention to this issue, saying that if the lack of current risk control measures cannot be addressed, there will be a high risk of regulatory intervention.