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SYSTEM PROCESSING...
Posted: 2025-04-20 12:32:54 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-20 12:33:21 UTC
Verified By
Rollup News
Gracy Chen from Bitget criticizes Hyperliquid's handling of the $JELLY incident, raising concerns about its operational practices and potential risks to users. She suggests Hyperliquid could be the next FTX 2.0 due to its immature and unethical handling of the $JELLY incident, its operational practices resembling an offshore CEX without KYC/AML, and flaws in its product design that expose users to systemic risk.
Hyperliquid's handling of the $JELLY incident was immature and unethical.
Hyperliquid operates like an offshore CEX without KYC/AML.
The platform's product design has flaws that expose users to systemic risk.
Immature, unethical, and unprofessional handling of the $JELLY incident.
Operating like an offshore CEX without KYC/AML, enabling illicit flows.
Flaws in product design exposing users to systemic risk and manipulation.