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#Hefu Chai

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Robinhood Engineers Charged After Allegedly Trading Crypto on Secret Listing Information
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Robinhood Engineers Charged After Allegedly Trading Crypto on Secret Listing Information

Key Highlights Two Robinhood engineers, Hefu Chai and Huaisong Xiang, have been charged by the U.S. Department of Justice with commodities fraud and wire fraud for allegedly using confidential listing information to trade crypto perpetual futures on Hyperliquid. Prosecutors allege the defendants generated over $50,000 each by repeatedly trading tokens ahead of public Robinhood Crypto ...