PANews reported on December 22 that Hyperliquid announced a ban on all its members participating in HYPE token derivatives trading and strictly prohibits any form of insider trading. The statement noted that the recently monitored wallet address 0x7ae4…028 belongs to a former employee who left the company in Q1 2024, and their actions do not represent the team's position. Hyperliquid emphasized that it will continue to maintain high standards of self-discipline and uphold ecosystem integrity.