BREAKING: Crisis at a Cryptocurrency Exchange—Developers Opened Positions Before Token Listings

The U.S. Department of Justice (DOJ) announced that two engineers working for Robinhood Markets have been charged with using the company’s confidential listing information to trade Hyperliquid. According to a statement from the Southern District of New York Attorney’s Office, Hefu Chai and Huaisong Xiang, also known as “Jerry Xiang,” face charges of commodity fraud […]

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