Bitget CEO Criticizes Hyperliquid Over Mismanagement of Suspicious JELLY Token Incident in Recent Statement
Gracy Chen, CEO of Bitget, has criticized Hyperliquid for its recent actions regarding the JELLY token incident, warning it could lead to a situation akin to “FTX 2.0.” On March 26, Hyperliquid delisted perpetual futures for JELLY after discovering suspicious Market activity and promised user reimbursements. Chen highlighted concerns about Hyperliquid’s centralization, stating it operates ...
