Jeff Yan Talks About How Hyperliquid Can Legally Enter the U.S. On October 15, 2026, Hyperliquid Labs co-founder and CEO Jeff Yan @chameleon_jeff shared on Bloomberg Podcasts @podcasts that U.S. users accessing related services via VPN violates the terms of service. He believes that for U.S. users to participate in trading compliantly, it’s still necessary to bridge the regulatory agencies’ understanding gap regarding on-chain technology and confirm whether it aligns with the CFTC’s core principles. Using user funds as an example, he pointed out that on-chain systems allow anyone to verify whether the total user balance matches the amount of USDC in the addresses. This verifiability helps regulatory agencies understand the value of new technology. Source: Bloomberg Podcasts