Hyperliquid's top "Black Fan" Kyle Samani initiates a bet challenge, predicting that Hyperliquid will not be able to launch a U.S.-compliant frontend in the short term

BlockBeats News, May 31st. Kyle Samani, former Multicoin co-founder and Chairman of Forward Industries (FORD), has recently become the top "black fan" of Hyperliquid. His representative view is: "Hyperliquid lacks real technical innovation, relying solely on temporary regulatory arbitrage to rise to the top, and no truly American company will cooperate with them."

Today, Kyle has once again issued a bet challenge to the community, predicting that Hyperliquid will not be able to launch a US-compliant frontend in the short term. In response, some community members have expressed willingness to invest $1 million, predicting that Hyperliquid can launch a US-compliant frontend within three years. Kyle responded that within three years, Hyperliquid will either establish Hyperliquid US through the acquisition of a DCO and DCM, adopting a compliance strategy similar to Polymarket, while advancing the technology through decentralized testing. Therefore, Kyle rejects the three-year deadline for the bet.

BlockBeats Note: DCM (Designated Contract Market): Designated Contract Market, equivalent to a regulated exchange (similar to traditional futures exchanges). DCO (Derivatives Clearing Organization): Derivatives Clearing Organization, equivalent to a Central Clearing House (CCP).