All Things Crypto

ATC quote · Mar 26, 2025 · 0:39:15

“Yeah. No. No. I I I saw the story, man. I I I think there's something to it. I I I know the the reports came out a while ago saying that... Yeah. I think they had, like, three or four validators…”

Kool @koolcryptovc

From All Things Crypto: Stickers, $JELLY, GameStop, ghibli Alon, Mar 26, 2025 · Episode page

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0:39:14 Dave @DCBK2LA: you see the hyperliquid story?

0:39:15 Kool @koolcryptovc: Yeah. No. No. I I I saw the story, man. I I I think there's something to it. I I I know the the reports came out a while ago saying that... Yeah. I think they had, like, three or four validators, man. Or... But people didn't mind, man, because they're making money. So people didn't care because they're making money. But I I I... But I do think, though, there's a lot of fraud on this thing. Hyperliquid is probably…

0:41:14 Dave @DCBK2LA: Okay. So so here's the whole story. Right? Hyperliquid is under intense scrutiny after a whale that was holding a 124,000,000 jelly tokens began manipulating the token's price to exploit hyperliquidity provider HLP. Right? And that's essentially, like, the mechanism, like, for trading and providing liquidity on Hyperliquid. The... Listen to what happened. The whale first dumped the tokens, crashing the price, and…

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