Former BitForex CEO Garrett Jin denies allegations of insider trading made by Eye, who claimed Jin controlled a wallet used to short Bitcoin before Trump’s tariff announcement. Jin refutes claims of being a Hyperliquid whale, stating the wallet belonged to a client. Some skeptics doubt Eye’s accusations against Jin.

In the crypto industry, accusations of insider trading are not new. Suspiciously timed trades around project launches have led to allegations, such as an individual profiting $482,000 on Bubb (BUBB) memecoin trades before a price drop. Previous incidents involving Trump’s memecoin, Official Trump (TRUMP), also drew scrutiny for large token purchases post-launch.

Read more at Cointelegraph: Alleged Hyperliquid Whale Denies Insider Trading with Trumps