Hyperliquid Removes JELLY Via Vote Due to Suspicious Activity

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On March 26, information from the market revealed that Hyperliquid announced on Discord about detecting suspicious market activities related to the JELLY Token. The verification council voted to remove JELLY from the trading list. For marked addresses, the Hyper Fund commits to fully compensating users' losses. The compensation process will be automatically implemented in the coming days, based on on-chain data without requiring additional documentation.

More specifically, the implementation plan will be detailed in subsequent announcements. It is important to emphasize that, like other blockchains, validators typically need to meet to make critical decisions to ensure network integrity. Enhancing the sustainability and transparency of the voting system is a top priority.

This information is solely for market information purposes and is not investment advice.

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