Hyperliquid has flagged concerning market activity involving a former employee. According to the project's statement, a wallet connected to an ex-staffer who was let go during Q1 2024 has been actively shorting the $HYPE token. This revelation raises questions about insider knowledge and potential conflicts of interest in the crypto space. The incident highlights the importance of monitoring large positions and wallet activities, especially when they're tied to individuals with previous access to project information. Community members are discussing the implications for token security and what safeguards major projects should implement to prevent similar situations.