Cryptoast
200 millions de dollars en 24 heures : délit d'initié ? La piste Garrett Jin
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Par Marc-antoine Caen Poletti
https://cryptoast.fr/200-milli....ons-dollars-24-heure

When the Ethos of Crypto Meets the Reality of Speculation


— Reflections from the SIROP SCT Perspective

The recent $200-million, 24-hour insider-trading case alleged on Hyperliquid is a reminder of how far parts of the crypto sphere have drifted from their founding purpose. What began as a vision for open, equitable, and decentralized finance has, too often, become a theatre for leveraged speculation and political signaling.

For those of us who lived the formative decades of systemic change — from the 1986 SIROP program to the early digital transitions that inspired crypto itself — the aim was never manipulation. It was reconstruction: using technology to restore fairness, transparency, and trust to a broken economic order.

The SIROP SCT initiative continues in that spirit. Our work to rebuild structured blockchain governance, transparent treasury management, and human-centred token economics stands in direct contrast to the “casino mentality” now infecting parts of the market. Every misused opportunity, every insider deal, is a call to return to principle-driven design — not away from it.

The next generation of blockchain governance must merge ethics, accountability, and collective memory. If not, we risk losing the very soul of what the crypto revolution was meant to protect.

— SIROP SCT Coordination Team, 2025