Hyperliquid Policy Center: CME’s Lawsuit Against CFTC Is a Major Miscalculation, Exposing Anti-Competitive Stance

Odaily Odaily, Jake Chervinsky, CEO of the Hyperliquid Policy Center, stated that the Chicago Mercantile Exchange's (CME) lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) is a major miscalculation and an unnecessary blunder. The CME, long regarded as the dominant player in the U.S. derivatives market, now appears in court action as a monopolistic vested interest afraid of competition. Jake Chervinsky also cited CFTC Chairman Mike Selig’s view, stating that vested interests are always afraid of the future, but the public should not be afraid of vested interests.