Deepcoin reports on US congressional probe into Hyperliquid, Crypto.com, and PredictIt identity checks

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Alena Volkova

30.09.2026

Deepcoin reports on US congressional probe into Hyperliquid, Crypto.com, and PredictIt identity checks — Congress scrutinizes crypto platforms’ oversight

Deepcoin highlighted recent market developments, including a U.S. congressional inquiry led by Rep. James Comer into Hyperliquid, Crypto.com, and PredictIt regarding user identity verification and detection of suspicious trades, particularly in relation to a large leveraged position taken before a key U.S. tariff announcement.

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On September 29, 2026, Representative James Comer, Chair of the House Oversight Committee, sent formal inquiries to Hyperliquid, Crypto.com, and PredictIt, requesting comprehensive documentation on their user identity verification protocols and processes for detecting suspicious trading activity. For Hyperliquid, the inquiry specifically addressed a sizable leveraged short position taken just before a major U.S. tariff announcement, with the Committee seeking to understand how the platform identifies account holders and whether it refers potentially nonpublic-information-based trades to U.S. regulatory authorities. This action is part of a broader and ongoing congressional review of trading and prediction market platforms, focusing on insider trading risks. The Committee has also previously collected extensive information from similar platforms as it assesses oversight requirements and considers potential legislative responses.

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Deepcoin, established in 2018, is a cryptocurrency broker offering trading in futures, perpetual contracts, and spot markets, with a focus on high liquidity and fast trade execution. The platform incorporates fund protection measures, is regulated by the International Financial Commission (IFC), and features educational resources for traders. For more information, see the broker profile on Traders Union.

For more context, the earlier news about Deepcoin highlighted its partnership with the Argentina National Football Team during the 2026 FIFA World Cup cycle, focusing on regional brand initiatives and fan engagement. You can read full details in the previous Deepcoin update on Traders Union.

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