Hyperliquid added to MAS investor alert list, says no ban or enforcement action
The project said Singapore’s Monetary Authority placed it on the cautionary list but that the move does not indicate misconduct, and added it has not claimed to be regulated by MAS.
HYPE
Fact Check
The official Hyperliquid X post directly confirms every element of the claim: addition to the MAS Investor Alert List, the explicit statement that this is not a ban, enforcement action, or finding of wrongdoing, and that Hyperliquid never claimed MAS regulation. The Value The Markets news article independently corroborates the MAS listing on the same date, situating it alongside MAS's recent addition of Bybit.
Summary
Hyperliquid said the Monetary Authority of Singapore (MAS, Singapore’s central bank and financial regulator) added it to the Investor Alert List, a public cautionary list for entities that may be perceived as regulated but are not. The project said the listing does not amount to a ban, enforcement action, or a finding of misconduct. It also said it has never represented itself as being regulated by MAS and will keep engaging with regulators on clearer rules for on-chain finance (financial activity conducted on blockchain networks).
Terms & Concepts
- Monetary Authority of Singapore: Singapore’s central bank and financial regulator.
- Investor Alert List: A public cautionary list of entities that may appear regulated but are not.
- on-chain finance: Financial activity conducted on blockchain networks.