Robinhood Engineers Charged in Hyperliquid Insider Trading Case

Two former Robinhood engineers have been charged in a Hyperliquid insider trading case, accused of using advance knowledge of upcoming crypto listings to place futures trades before the announcements.Hefu Chai, 36, and Huaisong Xiang, 30, were each charged Tuesday with one count under the Commodity Exchange Act and one count of wire fraud. Prosecutors allege that both made more than $50,000 from the trades.According to the U.S. Attorney’s Office for the Southern District of New York, the a