Robinhood engineers charged over fraudulent Hyperliquid trades
Two Robinhood engineers have been charged with wire fraud and commodities fraud for allegedly using confidential information about upcoming crypto listings to conduct insider trading on the decentralized derivatives exchange Hyperliquid. The alleged trades occurred across 2025 and 2026, with each engineer making over $50,000.
- Estimated loss
- $100,000
- Protocols
- Robinhood, Hyperliquid
- Confidence
- High
- First seen
- 16 Sep 2026, 18:30 UTC