Hyperliquid Policy Center: CME's lawsuit against CFTC is a "major misjudgment," exposing its anti-competitive stance

CoinFeed June 20 news, Hyperliquid Policy Center CEO Jake Chervinsky stated that the Chicago Mercantile Exchange's lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) is "a shocking misjudgment" and an "unnecessary mistake." The CME, long regarded as the absolute dominant player in the U.S. derivatives market, now appears in court actions as a "monopoly incumbent afraid of competition." He quoted CFTC Chairman Mike Selig's view: "Incumbents always fear the future, but the public should not fear incumbents."