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stocksSep 15, 2026, 7:17 PM

Former Robinhood Employees Allegedly Profited From Crypto…

How Did the Alleged Robinhood Trading Scheme Work? Two former Robinhood engineers have been charged with commodities fraud and wire fraud over allegations that they used confidential information about upcoming cryptocurrency listings to trade perpetual futures on Hyperliquid before the announcements became public. Federal prosecutors allege that Hefu Chai, 36, and Huaisong Xiang, 30, had access th

How Did the Alleged Robinhood Trading Scheme Work? Two former Robinhood engineers have been charged with commodities fraud and wire fraud over allegations that they used confidential information about upcoming cryptocurrency listings to trade perpetual futures on Hyperliquid before the announcements became public. Federal prosecutors allege that Hefu Chai, 36, and Huaisong Xiang, 30, had access th

Read the full story at FinanceFeeds

Source: FinanceFeeds