House Oversight Committee Chair James Comer has requested records from Crypto.com, Hyperliquid, and PredictIt regarding their user verification processes and detection of suspicious activity. This inquiry is part of a broader congressional investigation into potential insider activity within prediction markets. Comer specifically highlighted a leveraged short on Hyperliquid that allegedly coincided with nonpublic information about an October 2025 tariff announcement. This request underscores increasing regulatory scrutiny on these platforms.
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