Hyperliquid Leads $10B Liquidations: Regulatory Probe Called For
Hyperliquid faced criticism after $10 billion in positions were liquidated during a recent market crash.
Regulators should look into the exchanges that had most liquidations in the last 24h and conduct a thorough review of fairness of practices.
Kris Marszalek, CEO of Crypto.com, called for a probe, while Jeff Yan, CEO of Hyperliquid, deemed the claims "irresponsible", citing transparency as the reason for the high liquidation numbers.
- Most positions were forcefully closed to keep the platform debt-free.
- Leaders advocate for better use of insurance funds to protect traders' capital.
Author's summary: Hyperliquid faces scrutiny after $10B liquidation.
More News
- Awareness walk held to commemorate INT'L Anti-Corruption Day
- Newcastle 2-1 Burnley: Scott Parker post-match interview
- Marvin Vettori “The Italian Dream”
- Scott Parker says there is a real calmness at Burnley
- Bridging Generations in B&NES to commemorate Holocaust Memorial Day 2026
- Analysis: Spirited response can't mask issues at both ends
- [COMMEMORATE definition and meaning | Collins English ...]
- Scott Parker Newcastle Press Conference
- Durham Osteopathy Receives 2025 Consumer Choice Award
- Newcastle 2-1 Burnley: What Parker said