US DOJ charges two Robinhood engineers with insider trading on Hyperliquid
- —Charges: commodities fraud and wire fraud
- —The engineers opened positions before Robinhood Crypto listing announcements
- —Each suspect allegedly made more than $50,000 in illegal profit
- —The case is being handled by the US Attorney's Office for the Southern District of New York and the FBI
Why it matters: It sets a precedent: insider trading on decentralized perpetuals falls under US commodities market laws.
Source: Bitcoin Sistemi