Robinhood Engineers Accused of Turning Listings Into Insider Trades
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7 Articles
Robinhood Engineers Accused of Turning Listings Into Insider Trades
Two Robinhood engineers allegedly turned one of the company’s most sensitive pieces of information, which cryptocurrencies were about to get listed, into a personal trading signal on Hyperliquid. Federal prosecutors say Hefu Chai and Huaisong Xiang repeatedly bought perpetual futures before Robinhood Crypto announced new token listings in 2025 and 2026. Each allegedly cleared more […]
A portfolio identified as 0xa1E opened perpetual Hyperliquid positions shortly before relevant Robinhood announcements, according to data analyzed by Kaiko. There is no public charge against specific engineers, but the temporary precision of the operations revives the debate about the use of inside information in cryptic markets.
BREAKING: Crisis at a Cryptocurrency Exchange—Developers Opened Positions Before Token Listings
The U.S. Department of Justice (DOJ) announced that two engineers working for Robinhood Markets have been charged with using the company’s confidential listing information to trade Hyperliquid. According to a statement from the Southern District of New York Attorney’s...
Crypto Briefing
Cryptocurrency News | Cryptocurrency Prices | Market CapSuspected Robinhood engineers flagged in crypto insider trading scheme on Hyperliquid
A wallet on Hyperliquid front-ran Robinhood listings and earnings with suspicious precision, prompting insider trading scrutiny from blockchain
The US Department of Justice (DOJ) announced that two engineers working for Robinhood Markets have been charged with using the company's confidential listing information to trade Hyperliquid. According to a statement from the Southern District of New York Attorney's Office, Hefu Chai and Huaisong Xiang, also known as “Jerry Xiang,” face charges of commodity fraud and fraud through electronic communications. The prosecution stated that the two [……
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