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US charges two ex-Robinhood engineers over alleged pre-listing crypto trades

US prosecutors charged two former Robinhood engineers with commodities fraud and wire fraud, alleging they used confidential information about upcoming cryptocurrency listings to trade perpetual futures on Hyperliquid.

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US prosecutors on Tuesday charged two former Robinhood engineers with commodities fraud and wire fraud, alleging they used confidential information about upcoming cryptocurrency listings to profit from perpetual futures trades on Hyperliquid. According to the US Department of Justice (DOJ), Hefu Cha…