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Crypto Twitter turns on Arthur Hayes in fresh exit liquidity reports
Jun 27, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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BitMEX co-founder Arthur Hayes’s fund Maelstrom reportedly sold $1.92 million worth of CARDS tokens within days of Hayes publicly promoting the project, prompting on-chain allegations that the transactions used retail investors as exit liquidity. The episode raises reputational and market risk for CARDS and highlights concerns about trading integrity, token launch governance and investor protection in crypto and DeFi markets.
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BitMEX co-founder Arthur Hayes is facing another round of exit liquidity allegations after on-chain observers flagged that his fund, Maelstrom, appeared to offload $1.92 million worth of $CARDS tokens within days of Hayes publicly promoting the project. The move, which is recognized as using others as “exit liquidity” to get out of a trade, is...
