According to Wu Blockchain, the U.S. Attorney's Office for the Southern District of New York has charged two Robinhood engineers, Hefu Chai and Huaisong Xiang, with allegedly using the company’s non-public cryptocurrency listing information to profit from perpetual contract trades on Hyperliquid before Robinhood Crypto announced the token listings. Prosecutors claim the two engaged in these trades multiple times between 2025 and 2026, each illegally profiting over $50,000. They are charged with violating the Commodity Exchange Act and wire fraud, facing maximum sentences of 10 and 20 years in prison, respectively. https://(wublock123.com)/news/robinhood-engineers-insider-token-listing-profit-hyperliquid-crypto-fraud-68449