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Hyperliquid Policy Center: CME’s Lawsuit Against the CFTC Is a Major Misjudgment That Exposes Its Anti-Competitive Stance
Svmuu News: Jake Chervinsky, CEO of the Hyperliquid Policy Center, stated that CME Group’s lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) is a major miscalculation and an unnecessary mistake. CME Group, long regarded as the dominant player in the U.S. derivatives market, is now presenting itself in court as a monopolistic vested interest group afraid of competition.Jake Chervinsky also cited CFTC Chairman Mike Selig’s view that vested interests are always afraid of the future, but the public should not be afraid of vested interests.
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