Trove Markets is accused of dumping over $10 million worth of HYPE tokens within 24 hours, fueling suspicions of insider fraud and compromising community trust. The controversy involves on-chain data showing large token sales from a wallet linked to the project, despite the founder’s denial of control. The incident has led to a steep 60% token price drop and the Hyperliquid Foundation engaging blockchain investigator ZachXBT to probe the matter.

