Hyperliquid has clarified that a wallet accused of insider shorting of HYPE tokens belongs to a former employee terminated in early 2024, emphasizing strict ethical standards to maintain trust in the decentralized perpetuals exchange. Wallet Identification: The address 0x7ae4…1028 was flagged for selling 4,000 HYPE tokens worth $134,000 in November 2024. Hyperliquid's co-founder confirmed the [...]