CEO Hyperliquid previously predicted that Bitget could be the next name to collapse after FTX.
After Bitget’s recent security incident, netizens immediately dug up an old post by Hyperliquid’s CEO, in which he warned that Bitget could become the next LUNA or FTX.
The reason given is that he found signs of fraud in the exchange’s order matching. Instead of placing orders transparently on the order book, the exchange was suspected of trading against users directly in order to capture all the profits.
This resurfaced information is drawing more attention than ever to the safety and transparency of centralized exchanges.
The post is for drama and entertainment updates only, not investment advice. If you happened to hold coins on the exchange, then light some incense and pray; if you already moved quickly to withdraw to a cold wallet, then congratulations—you have the instincts of a genius, and the writer is completely blameless.
#Bitget #Hyperliquid #CryptoNews #CryptoDrama #ExchangeAlert
After Bitget’s recent security incident, netizens immediately dug up an old post by Hyperliquid’s CEO, in which he warned that Bitget could become the next LUNA or FTX.
The reason given is that he found signs of fraud in the exchange’s order matching. Instead of placing orders transparently on the order book, the exchange was suspected of trading against users directly in order to capture all the profits.
This resurfaced information is drawing more attention than ever to the safety and transparency of centralized exchanges.
The post is for drama and entertainment updates only, not investment advice. If you happened to hold coins on the exchange, then light some incense and pray; if you already moved quickly to withdraw to a cold wallet, then congratulations—you have the instincts of a genius, and the writer is completely blameless.
#Bitget #Hyperliquid #CryptoNews #CryptoDrama #ExchangeAlert
