Crypto.com Under Scrutiny as Congress Demands Trading Records

Congress expanded its prediction market investigation to Crypto.com, Hyperliquid Labs, and PredictIt. A U.S. soldier allegedly earned over $409,000 from bets linked to classified military information. Lawmakers are examining a reported $1.1 billion Hyperliquid short that generated more than $150 million in profit. Crypto.com must provide details on identity checks and suspicious trading controls.