[Flash] CME, ICE Push U.S. Regulators to Scrutinize Hyperliquid Over Manipulation Risks
The Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) have jointly urged U.S. regulators to scrutinize decentralized derivatives platform Hyperliquid over alleged market manipulation risks. The move by two traditional finance giants signals growing wariness toward emerging competitors in the crypto derivatives space. Hyperliquid’s Policy Center responded that on-chain perpetual contracts offer greater efficiency and transparency.