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House committee probes insider trading controls at crypto prediction markets

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
House committee probes insider trading controls at crypto prediction markets

The House Committee on Oversight and Government Reform has requested records from Hyperliquid Labs, Crypto.com, and Aristotle Exchange to investigate potential insider trading on prediction-market platforms. Chairman James Comer seeks documents on customer identity checks, know-your-customer procedures, and systems for detecting suspicious trading. The inquiry highlights concerns over large leveraged short positions on Hyperliquid before a U.S. tariff announcement in October 2025. This expands ongoing scrutiny of how these platforms verify users and prevent improper trading activities.

The House Committee inquiry into KYC and trading controls at Hyperliquid and others is presented here with Pluang's market snapshot as of Sep 29, 2026 21:32 WIB: Of 50 major cryptocurrencies priced on Pluang, 41 rose and 7 fell today. Notable movers include EGLD at Rp83.120 with a 4.50% increase and a 98% sell order activity, XTZ at Rp5.774 up 4.36% with 59% buy orders, and CAKE at Rp45.878 down 4.25% with nearly balanced order activity. The most notable figure is EGLD's 98% sell order activity.

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