Hunter Biden is back on X, and his posts are not holding back.
After a decade of intense scrutiny, criminal convictions, and financial strain, he dusted off an old account a few weeks ago, and his blunt posts have started going viral.
Amid the ongoing market sell-off, Joe Biden’s son weighed in on crypto.
Related: LIVE: Bitcoin crashes below $60K for first time in 20 months
Hunter Biden name drops one crypto player
It grew out of a viral post in which Biden listed things he claims most Americans actually agree on: the high cost of groceries, tariffs, lawmakers trading stocks, endless wars, diversity, and Jeffrey Epstein.
A user named gmoney.eth quoted the post, joking that Biden was “going to run for president.” Biden fired back, asking gmoney to “help with the crypto vote.”
That prompted gmoney to ask where he stands on crypto and how he would fight “Elizabeth Warren’s anti-crypto army.”
Biden’s reply was one word. “Hyperliquid.”
More News: Why Hyperliquid?
The name-drop lands at a charged moment.
Hyperliquid is a decentralized exchange that launched perpetual oil contracts in early 2026 and became an unlikely macro-trading venue during the United States–Iran war. It allowed traders to react to geopolitics in real time even when traditional markets sat closed.
In early March, as Middle East tensions flared over a weekend, Hyperliquid’s WTI perpetuals traded near $96 a barrel hours before mainstream venues reopened.
Volume on its oil contracts ballooned from $339 million to $7.3 billion in roughly two weeks, and crude open interest topped $300 million.
Decibel
But it also caught the eyes of the regulators. In April, Senators Elizabeth Warren and Sheldon Whitehouse pressed the CFTC to probe suspicious oil-futures trading ahead of Trump’s Iran announcements.
The CME and New York Stock Exchange’s parent company, Intercontinental Exchange (ICE), later urged regulators to curb the platform, warning its anonymous, decentralized design could enable manipulation or sanctions evasion.
Hyperliquid’s native HYPE token has climbed 133.2% year-to-date and 37.6% over the past month. Only in the last 24 hours has it slipped, shedding more than 8% to trade at $58.99, as per Decibel, caught in the broader crypto sell-off dragging the entire market lower.
Related: Analyst who nailed 2021 Bitcoin crash sends another warning
This story was originally published by TheStreet on Jun 5, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.