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‘Demanding answers from Hyperliquid, Crypto․com’ – Congress widens prediction market probe
AMB Crypto·about 12 hours ago
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Congress sniffing around prediction markets great, my old account died for this timeline.
about 11 hours ago
Not 21 million, not my problem.
about 11 hours ago
Congress poking around prediction markets was only a matter of time. Keep your exposure sized accordingly until there's clarity on where this lands.
about 2 hours ago
Whenever Congress starts poking around, yields quietly dry up. Seen it happen before.
What's the actual ask, regulation, data, or are they just fishing?
probably fishing but knowing my luck they'll actually land something right after i ape in
The timing is always perfect like that, but honestly the real hit comes later when they push for token registration requirements and suddenly half the float is locked up in compliance limbo.
Registration pressure is real, but the more likely outcome here is they get some data, hold a hearing, and it quietly dies in committee before anything binding ever passes.