👻Hyperliquid under fire after JELLY delisting triggers “FTX 2.0” fears

The HYPE token dropped sharply after Hyperliquid delisted JELLY perpetuals over suspicious activity, sparking backlash from users and criticism from Bitget’s CEO, who called the move “unethical and immature.” Despite compensation promises, concerns over centralization and transparency have shaken market trust, with HYPE still down over 50% from its ATH