
James Wynn, a cryptocurrency investor known for generating millions through memecoin bets, recently experienced a $100 million loss within a few days due to extreme leverage on the Hyperliquid trading platform. Despite rumors, Wynn denied receiving any payments from Hyperliquid and expressed support for Binance CEO Changpeng Zhao's (CZ) upcoming decentralized exchange for perpetual contracts, predicting it could outperform Hyperliquid. Wynn also reportedly used a $481 referral reward to open a 40x short position on Bitcoin, incurring further losses. Separately, James Howells ended a 12-year search for a lost hard drive containing approximately $742 million in Bitcoin, which he had discarded in a landfill in Newport, Wales. Howells had previously pursued legal action to recover the hard drive but has now abandoned the effort. The lost Bitcoin was valued at over 700 million euros (around $800 million).
JAMES WYNN DENIES HYPERLIQUID PAYMENTS, BACKS CZ’S FUTURE DEX James Wynn says he received no compensation from Hyperliquid, pushing back against speculation of shilling. He also predicts that CZ’s upcoming decentralized exchange for perpetuals could dominate the market. https://t.co/XUmIMPCnVp
James Wynn(@JamesWynnReal) claimed a $481.42 referral reward — and immediately used it to open a 40x short on $BTC. He lost another $113.55 today. https://t.co/FX6sISWuDP https://t.co/QGnL282xAl
⚡️TODAY: “I was not paid a single cent by Hyperliquid.” says James Wynn He believes CZ’s future perps DEX could crush them. https://t.co/ceaHyH3PnJ







