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CoinOtag 2025-12-22 19:16:37

Hyperliquid Denies Insider HYPE Sell-Off, Eyes Token Burns for Potential Recovery

Hyperliquid Denies Insider HYPE Sell-Off, Eyes Token Burns for Potential Recovery

Hyperliquid Labs has denied recent claims of an HYPE token insider sell-off, attributing the activity to a former employee. The team enforces strict policies prohibiting leveraged trading on HYPE by members and contractors to maintain long-term ecosystem alignment. Hyperliquid Labs clarifies HYPE token sell-off stems from ex-employee actions, not current insiders. Team members face termination [...]

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