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#BSCProjectSpotlight another scandal shook Hyperliquid: a whale manipulated the JELLYJELLY token by opening a short position of 6 million dollars, which led to the automatic liquidation of the position. This forced the HLP fund to inherit a large position, creating unrealized losses exceeding 10 million dollars.
The employees of Hyperliquid intervened in the process:
- They canceled the listing of the JELLYJELLY token,
- Forcefully closed the position at a favorable price,
- Brought the situation back to a profit level of 700,000 dollars.
In a statement, Hyperliquid claims that this is a blatant exploitation of a vulnerability, and that the team's actions aim to protect the users of the platform.

#JELLYJELLYFuturesAlert another scandal shook Hyperliquid: a whale manipulated the JELLYJELLY token by opening a short position of 6 million dollars, which led to the automatic liquidation of the position. This forced the HLP fund to inherit a large position, creating unrealized losses exceeding 10 million dollars.
The employees of Hyperliquid intervened in the process:
- They canceled the listing of the JELLYJELLY token,
- Forcibly closed the position at a favorable price,
- Brought the situation back to a profit level of 700,000 dollars.
In a statement, Hyperliquid claims that this is a blatant exploitation of a vulnerability, and that the team's actions aim to protect the users of the platform.

#JELLYJELLYFuturesAlert another scandal rocked Hyperliquid: a whale manipulated the JELLYJELLY token by opening a short position of 6 million dollars, which led to the automatic liquidation of the position. This forced the HLP fund to inherit a large position, creating unrealized losses exceeding 10 million dollars.
Hyperliquid employees intervened in the process:
- They canceled the listing of the JELLYJELLY token,
- Forcefully closed the position at a favorable price,
- Brought the situation back to a profit level of 700,000 dollars.
In a statement, Hyperliquid claims that this is a blatant exploitation of a vulnerability, and that the team's actions aim to protect the users of the platform.

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#SECCrypto2.0 The United States Securities and Exchange Commission (SEC) has officially advanced its "SEC Crypto 2.0" initiative and called for the creation of a presidential task force on cryptocurrencies, signaling a renewed push for stricter oversight and structural reforms in the digital asset sector.

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