These controversies accentuate doubts about the integrity of decentralized trading platforms, highlighting the need for increased transparency in crypto exchanges.
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After Losing $100M, James Wynn Exposes Himself Again To $100M On Bitcoin With A Leverage Of X40
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James Wynn drama raises concerns about transparency at Hyperliquid, with critics warning it could become “a second FTX” given prior scandals like the JELLY token manipulation in March 2025
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James Wynn’s high-risk trades, despite massive losses, reportedly boosted Hyperliquid’s trading volume, user count and token price, reinforcing the theory that his spectacle served as viral marketing for the platform
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