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DOJ Charges Robinhood Engineers With Fraud Over Hyperliquid Perpetual Trades

CoinGape·September 15, 2026·1 min read
DOJ Charges Robinhood Engineers With Fraud Over Hyperliquid Perpetual Trades

The DOJ charged two Robinhood engineers, Hefu Chai and Huaisong Xiang, with commodities fraud and wire fraud. They allegedly used confidential crypto listing information to make profitable perpetual futures trades on Hyperliquid. The charges highlight insider trading risks in crypto.

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