Oversight Committee Expands Prediction Market Probe to Hyperliquid

The House Oversight Committee has expanded its investigation into prediction markets to include Hyperliquid Labs. Chairman Comer is seeking identity-verification and suspicious-trading records from Hyperliquid, Crypto.com, and PredictIt owner Aristotle Exchange.

This development follows a probe launched last year targeting the exchange operator behind PredictIt. The committee aims to scrutinize potential manipulation of election markets on the platform.