← Garden1 decision on this page
Audit log
Every state-changing event for Garden: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-20 03:30:48ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 420,904,985
- sig
2Vzre7MKV4d7…cE4ndtDRexplorer ↗- hash
2VeoMfD44GqU…YAgBzvPhsha256 → base58
verifying row…full verify ↗canonical bytes (6588 B) ▸
{"actor":"system:backfill","investigation_id":"af469430-2d96-4ad7-80a1-b893bf5d3479","kind":"publish","page_slug":"garden","published_at":"2026-05-20T03:30:48.923Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Garden","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.theregister.com/2025/10/31/attackers_dig_up_11m_in/"},{"credibility":3,"name":"","type":"other","url":"https://finance.yahoo.com/news/25-garden-finance-funds-linked-175501426.html"},{"credibility":3,"name":"","type":"other","url":"https://forum.arbitrum.foundation/t/garden-finance-ltipp-application-final/21926"},{"credibility":3,"name":"","type":"other","url":"https://docs.garden.finance/home/governance/tokenomics"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://garden.finance/blog/what-are-htlcs"},{"credibility":3,"name":"","type":"other","url":"https://www.garden.finance/"},{"credibility":3,"name":"","type":"other","url":"https://docs.garden.finance/home/governance/tokenomics"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://github.com/gardenfi/audits"},{"credibility":3,"name":"","type":"other","url":"https://decrypt.co/356301/garden-finance-shares-forensic-findings-security-breach-limited-to-solver-layer"},{"credibility":3,"name":"","type":"other","url":"https://www.theblock.co/press-releases/387636/garden-finance-shares-forensic-findings-security-breach-limited-to-solver-layer"},{"credibility":3,"name":"","type":"other","url":"https://www.theregister.com/2025/10/31/attackers_dig_up_11m_in/"},{"credibility":3,"name":"","type":"other","url":"https://www.halborn.com/blog/post/month-in-review-top-defi-hacks-of-october-2025"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.theregister.com/2025/10/31/attackers_dig_up_11m_in/"},{"credibility":3,"name":"","type":"other","url":"https://find-and-update.company-information.service.gov.uk/company/09763192/officers"},{"credibility":3,"name":"","type":"other","url":"https://cryptonews.com/news/garden-finance-exploit-drains-over-10m-across-multiple-chains/"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.theregister.com/2025/10/31/attackers_dig_up_11m_in/"},{"credibility":3,"name":"","type":"other","url":"https://finance.yahoo.com/news/25-garden-finance-funds-linked-175501426.html"},{"credibility":3,"name":"","type":"other","url":"https://decrypt.co/356301/garden-finance-shares-forensic-findings-security-breach-limited-to-solver-layer"},{"credibility":3,"name":"","type":"other","url":"https://cybernews.com/crypto/btc-bridge-flagged-laundering-money-hacked/"},{"credibility":3,"name":"","type":"other","url":"https://cryptonews.com/news/garden-finance-exploit-drains-over-10m-across-multiple-chains/"},{"credibility":3,"name":"","type":"other","url":"https://www.xt.com/en/blog/post/zachxbt-accuses-garden-finance-of-laundering-funds-from-bybit-hack"}]}],"sources_used":[],"summary":"Garden Finance (garden.finance) is a Bitcoin cross-chain bridge and swap protocol launched in December 2023 by former Ren Protocol core team members, using Hashed Timelock Contracts (HTLCs) and an intents-based solver network to enable non-custodial Bitcoin swaps across chains. In October 2025, a compromised solver operator lost approximately $11.4 million in a security incident attributed by forensic investigators to a North Korea-linked threat actor. Prior to the exploit, blockchain investigator ZachXBT alleged that a substantial portion of Garden's volume — with estimates ranging from 25% to over 75% — originated from illicit sources including funds stolen in the $1.46 billion Bybit hack by Lazarus Group, allegations the team disputed but did not fully refute.","timeline":[{"date":"2017-01-01","event":"Republic Protocol (later Ren Protocol), predecessor project to Garden Finance, founded in Australia by Taiyang Zhang, Loong Wang, and Jaz Gulati.","source":""},{"date":"2022-11-01","event":"FTX, which had acquired Ren Labs, files for bankruptcy. Ren Protocol collapses, prompting Gulati and Nadimpalli to begin work on Garden Finance.","source":""},{"date":"2023-12-01","event":"Garden Finance publicly launches as a Bitcoin cross-chain bridge using HTLC atomic swaps and an intents-based solver network.","source":""},{"date":"2024-01-18","event":"SEED governance token launches with a total supply of 147 million tokens. Team and investor allocations subject to 24-month cliff from TGE.","source":""},{"date":"2025-02-21","event":"Bybit exchange suffers a $1.46 billion hack attributed to North Korea's Lazarus Group. ZachXBT later alleges $160 million of these stolen funds transited Garden within 48 hours.","source":""},{"date":"2025-06-21","event":"ZachXBT publicly alleges that more than 80% of Garden Finance's recent fee income was generated from facilitating movement of Lazarus Group-linked Bybit stolen funds. Garden co-founder Jaz Gulati disputes the characterization.","source":""},{"date":"2025-07-01","event":"ZachXBT publishes a broader analysis alleging 25% or more of Garden's total historical volume is linked to stolen assets, with six-figure profits from illicit flows between April and July 2025.","source":""},{"date":"2025-10-30","event":"Security breach: an attacker gains unauthorized access to the private key infrastructure of a major Garden solver operator and drains approximately $11.4 million in WBTC, USDC, USDT, and ETH across multiple chains. Garden temporarily shuts down its app.","source":""},{"date":"2025-10-31","event":"Garden co-founder Jaz Gulati states user funds are safe and the protocol remains unaffected. Garden offers a 10% whitehat bounty (~$1.1M) for fund return and exploit disclosure. ZachXBT alleges the compromised solver was operated by a Garden team member based on on-chain evidence from a deployer address.","source":""},{"date":"2026-01-29","event":"Garden publishes forensic findings from Ernst and Young and zeroShadow, confirming unauthorized server access from IP addresses located in Japan and China on October 30, 2025, with the compromise attributed to a leaked private key on a compromised device. The attacker is linked to North Korea-affiliated threat actor DangerousPassword (also known as CryptoCore / Sapphire Sleet / UNC1069). No funds recovered.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 3f738014-27ad-4410-8def-ed50a446866b
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.