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Prosecutors test the Commodity Exchange Act on Robinhood engineers' $50,000 perp trades
The Justice Department says two Robinhood engineers each made more than $50,000 trading Hyperliquid perpetuals ahead of Robinhood Crypto listings. Prosecutors charged commodities fraud and wire fraud instead of securities fraud.
Reality
- Evidence60
- Adoption38
- Hype gap+20
- Incentives55
- Confidence62