BitMEX Founder Arthur Hayes Denies Using X Followers as Exit Liquidity, Says He Never Gives Investment Advice

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BitMEX co-founder and Maelstrom CIO Arthur Hayes denied accusations by on-chain investigator ZachXBT that he used his X following to create exit liquidity after promoting tokens including Zcash, NEAR Protocol and Hyperliquid. The allegation raises crypto security and market-manipulation concerns around influencer-driven token promotion and could pressure trust and token performance for affected projects.
Maelstrom CIO and BitMEX co-founder Arthur Hayes has rejected accusations that he is using his X influence to create exit liquidity for his own trades. The allegations came from on-chain investigator ZachXBT, who accused Hayes of promoting cryptocurrencies such as Zcash, NEAR Protocol, and Hyperliquid before selling his holdings and leaving followers with losses.
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