# US Prosecutors Charge Two Robinhood Engineers Over Perpetual Futures Trades on Hyperliquid

The Department of Justice says the pair traded ahead of Robinhood Crypto listing announcements between 2025 and 2026, each allegedly profiting more than $50,000.

- Published: 2026-09-16T05:44:37.392Z
- Canonical: https://polylog.news/crypto/2026-09-16/us-prosecutors-charge-two-robinhood-engineers-over-perpetual
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/robinhood-engineers-charged-over-50k-crypto-scheme/), [Polylog editors](https://polylog.news)

Federal prosecutors charged two Robinhood engineers, Hefu Chai and Huaisong Xiang, with commodities fraud and wire fraud. The Department of Justice (DOJ) alleges they used confidential information about which tokens Robinhood Crypto planned…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-09-16/us-prosecutors-charge-two-robinhood-engineers-over-perpetual (subscription information: https://polylog.news/pricing).