Recent data of the analysis of a garden reveal that the financing of the garden has experienced remarkable growth of its platform which is observed by the graphics of Swaps BTC, the user interactions and the total costs collected during the second quarter of 2025 compared to the first quarter.
In particular, as the displayed platform, funding for the garden facilitated a total volume of BTC of 24,984 BTC, translating in more than $ 1.5 billion out of 40,571 atomic swaps. In addition, he accumulated 40.11 BTC in fresh, the largest unique exchange of his platform reaching 10 BTC.
The data positioned them as “the fastest bitcoin bridge”, the impressive growth of Garden finances in the first half of 2025 is clearly illustrated in the Dunes analysis graphics.
However, this wave did not go unnoticed. Zachxbt has raised suspicion, even accusing funding of the garden of having allowed money laundering associated with cryptographic flights, including the notorious $ 1.4 billion hack bybit.
Kee Reading to understand the whole story.
ZACHXBT allegation on garden financing
The recent allegations against Garden Finance appeared in a surprising turn which is followed by a position of Jaz Gulati, the founder of the platform. In the previous post, he underlined his success by sharing an image of the costs collected during the first week of June.
Interestingly, a name known in the cryptography sector, Zachxbt, has been revealed. Like he accused The generation protocol of more than 80% of its recent costs thanks to money laundering, allegedly with the help of Chinese launderers linked to the Lazare group.
This assertion of ONCHAIN’s investigator, made on X earlier in the day at the end of the third week of June, aroused significant interest in the cryptographic community. As this raises severe and urgent questions about the reliability of decentralized platforms.
The founder of Garden Finance denies allegations and substantive considerations
Following the allegations of the Zachxbt, Jaz Gulati, the founder of Garden Finance, replied by referring to a previous post where he declared that they had received 30 BTC well before the piracy of the statement occurred. He attached a screenshot of this article in the fourth quarter of 2024 to support his complaint.
Despite Gulati’s defense, Zachxbt has doubled, sharp other hacks linked to RPDC, including the Wazirx incident, which took place before bybit’s hacking.
He also questioned the legitimacy of the financing of the garden, by calling it “false decentralized bridge”. In response, Gulati rejected this characterization as a disinformation, qualifying the “false decentralized” a baseless label.
In a later comment, Zachxbt allegedly allegedly allegedly completed the liquidity of CBBTC in Coinbase for Chinese launderers as they move the stolen funds from Bybit.
However, Gulati has not yet responded to this specific accusation, despite his previous quick responses.
A new member joins the exchange
After three hours of Gulati’s silence, another user, James Scaur, joined the discussion, apparently in favor of Gulati.
Scaur suggested that a Pareto distribution Can be applied, when a small number of liquidity providers (LPS) contribute to the majority of liquidity. He noted that this does not necessarily imply centralization; This could simply mean that one LP was able to respond to the request at that time.
Regarding the blocking of exchanged exchanges, Scaur has recognized that this is a complex problem that remains difficult to solve.
More recently, Zachxbt gave a hard blow to the support of James Scaur to the platform, because he has once again criticized the funding of the garden for his lack of decentralization, noting that since the ceiling of large exchanges has been increased to 10 CBTC, a single entity has been carrying out orders for weeks.
He pointed out that apart from the Bybit funds, the platform has a minimum activity, which facilitates it from illegal transactions in Mempool. With transactions related to flooding bybit since April 2025, he stressed that the team had been warned of this issue.
He suggested that if they could not block these transactions, they should return the costs generated and deactivate greater exchanges, rather than boast of their costs while knowing their origins.
In addition, he mentioned that the 30 BTC in fresh are largely due to an air agricultural campaign at the beginning of 2024.
The stormy exchange of answers on X has since transformed into public spit, but the allegation seems strong from the conclusions of Zachxbt. If the exchange continues, this could even cause a legal examination for the financing of the garden.
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Faq
Bybit suffered a major hack on February 21, 2025, which resulted in about 1.5 billion dollars of stolen Ethereum tokens. The attack, attributed to the Lazare group of North Korea, exploited the vulnerabilities in the user interface of its multi-signature portfolio.
Garden Finance is a “Bitcoin Bridge” platform which claims to allow fast, zero and transverse transversal bitcoin exchanges, using atomic swaps and an architecture based on intentions. It facilitated more than $ 1.5 billion in BTC volume.
Cryptographic bridges can be used to move stolen funds through blockchains, which makes them more difficult to trace. The accusations against the financing of the garden suggest that specific actors exploit this for the laundering of hacked funds.