Hyperliquid Could Be ‘FTX 2.0,’ Bitget CEO Warns
Gracy Chen has criticized Hyperliquid’s response to an incident on its perpetual exchange, warning that the platform’s actions could result in it becoming the next FTX. Her remarks come after the company’s decision to delist JellyJelly (JELLY) perpetual futures contracts. Decentralization and Structural Risks On March 26, Hyperliquid announced that it was removing JELLY’s future…