House Oversight Committee chair Comer demands identity verification records and suspicious trade data from Crypto.com, Hyperliquid, and PredictIt.
Regulation & Gov ·
The chair of the House Oversight Committee has requested identity verification records and suspicious trading data from Crypto.com, Hyperliquid, and PredictIt. The demand focuses on documentation related to government insiders, employee trades, and any referrals made to regulatory authorities.
The request centers on whether these platforms maintained adequate know-your-customer procedures and oversight of trading activity that may have raised compliance concerns. The inquiry targets both transaction patterns and the platforms' internal handling of potentially anomalous behavior, including any escalations to law enforcement or financial regulators.
The scope of compliance measures in place at each platform and the completeness of their responses remain to be determined. No timeline for compliance or formal consequences have been specified in the inquiry.