According to Dune Analytics data, Railgun's total transaction volume has reached $962.81 million, and its total value locked on Ethereum is over $25 million, in response to allegations made by cryptocurrency journalist Colin Wu via the X platform, Railgun denies allegations that North Korea and other US sanctioned entities used the protocol to launder digital assets, It is reported that in January 2023, the FBI accused Railgun of laundering more than $60 million in Ethereum stolen from the 2022 Harmony Bridge hack.
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