US Congress Launches Insider Trading Probe Into Three Crypto Platforms

House Oversight Chairman James Comer has initiated an investigation into Hyperliquid, Crypto.com, and Aristotle Exchange regarding alleged insider trading. The probe follows a $1.1 billion short position placed on Hyperliquid just before President Trump announced 100% tariffs on China on October 10, 2025. On-chain analysis linked the trade to a whale account, reportedly associated with former BitForex CEO Garrett Jin, who denied the allegations.