HOOD Stock Extends Slide Overnight: Ex-Employees Face Crypto Insider Trading Charges
Engineers Hefu Chai and Huaisong Xiang allegedly purchased perpetual futures tokens on Hyperliquid between 2025 and 2026 ahead of the company’s public announcements that the underlying cryptocurrency tokens would be listed on Robinhood Crypto. Chai and Xiang allegedly each profited more than $50,000 from their illicit trading. U.S. prosecutors charged Chai and Xiang with one … Read more