🚨 UPDATE: Hyperliquid confirms the wallet that shorted $HYPE belonged to a former employee terminated in Q1 2024 and is no longer affiliated with the team.
The firm reiterated: • No derivatives trading by employees on $HYPE

HYPEUSDT
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24.75
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• Zero tolerance for insider trading
• Violations lead to immediate termination & legal action
Integrity and accountability emphasized.