CME and ICE lobby the CFTC for federal oversight on Hyperliquid's offshore crypto oil trading, sparking a fiery backlash from Arthur Hayes.

CME and NYSE push for regulating Hyperliquid trading amidst manipulation fears, impacting KYC standards and compliance costs.

Bloomberg reported that ICE and CME are pressing for Hyperliquid to register with the CFTC, raising concerns about market stability.