Hyperliquid: After discovering suspicious market activities, the Verification Committee voted to remove JELLY from the market

PANews|Mar 26, 2025 15:50
According to market news, Hyperliquid stated on Discord that after discovering suspicious market activity, the validator committee voted to remove JELLY, and all user losses, except for the marked address, will be fully compensated by the Hyper Foundation. Compensation will be automatically executed based on on on chain data in the coming days, without the need to submit a work order. The specific implementation plan will be explained in detail in subsequent announcements. Like other blockchains, validators typically need to convene as a group to take decisive action to ensure the integrity of the network, and improving the robustness and transparency of the voting system is a top priority.
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