Kyle Samani, the recently departed co-founder of Multicoin Capital, has launched a blistering attack on the high-flying Hyperliquid decentralized exchange (DEX), labeling it a systemic risk despite his former firm’s reported aggressive accumulation of its underlying HYPE token. Key Takeaways: Kyle Samani publicly slammed Hyperliquid’s closed-source model days after leaving Multicoin Capital. On-chain analysts report Multicoin-linked wallets holding over $40 million in HYPE tokens. Hyperliquid recentl ...