James Wynn, the infamous trader who became a cryptic folk hero for his multi-billion dollar leveraged play for his play on hyperliquid, is once again in the spotlight.
This time, not with massive trade, but with unforgettable confessions and sharp criticisms of the platform that promoted his fame.
James Wynn is plagued by his deal
Wynn revealed that he has suffered from insomnia, panic attacks and psychological pressure since returning from a high-stakes transaction in which he became the protagonist of the code.
Still upset by the loss of $100 million, Wynn said he was trying to shut up the whispers, but the temptation to return remains.
Behind the scenes, Wynn’s fallout with Hyperliquid gives his saga a new twist. Despite becoming the informal face of a distributed permanent exchange, Wynn claims he has never been compensated for more than $34,000 in referrals.
“I made $34,000 through referrals on the platform, which is very poor considering the number of signups and volumes I generated. The referral program sucks. The other platforms are much better.
Beincrypto recently reported that Changpeng Zhao (CZ) proposed a dark pool style Dex for a permanent future. According to CZ, it will help fight frontrunning and strengthen trade privacy.
Wynn claims he contacted Hyperliquid twice to discuss potential partnerships given the visibility and volume that his deals brought to the platform. However, the team reportedly declined, citing the variance model and refused to offer transactions to individuals.
This has fueled speculation from critics like Gumshoe. Binance Exchange supports Wynn.
Gumshoe also hinted that Wynn will play a longer “4D chess” game that includes the market story, the hype token list, and Changpeng Zhao’s potential future Dex.
Wynn denied that he would be paid by the vinance, but he appears to support CZ’s vision.
“CZ has a team to help money, networks and teams build something unique, and we hope this will encourage high lipid levels,” Wynn said in the post.
Wynn’s critics are also raising eyebrows. Analyst DuoNine speculated that Winn’s past activities could point to a money laundering scheme.
Specifically, he may be taking advantage of the intentional liquidation of high lipids while hedging on other exchanges.
Although there is no evidence to support these claims, they reflect the mystery surrounding his large position and its broader meaning.
Despite the confusion, Wynn insists that he has peace. In a recent post, he suggests a potential revival.
Wynn remains on the bystander, while Crypto Degen Trader may return, but it’s not necessarily high lipid.
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