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very mid take re recent CFTC developments.
> most have a poor memory - but @HyperliquidX literally hired former CFTC commissioner Christopher Giancarlo, working with Hyperliquid Labs as a legal advisor, and wrote a 7-page letter to the CFTC in unsuspicious times.
> The TLDR? "on-chain markets like Hyperliquid already meet-and in several respects may exceed— the Commission's policy objectives for resilience and customer protection in its markets."
> rather than a RIP hyperliquid, this is a RIP Coinbase. The CFTC is literally opening the floor for US citizens to Americans who went offshore to build crypto products a way back to US soil.
> guess who graduated from Harvard?
United States of Hyperliquid.

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