Question 1

What is Arthur Hayes accused of doing with $CARDS?

Accepted Answer

On-chain observers reported that Hayes publicly promoted $CARDS on June 23 with a $4 price target when the token was around $0.30, and that his fund Maelstrom sent $1.92 million worth of the token to market maker Flowdesk the next day, likely for selling.

Question 2

Has Hayes faced similar accusations before?

Accepted Answer

Yes. On June 6, 2026, blockchain investigator ZachXBT called out Hayes for exiting positions in HYPE, NEAR, ZEC, and WLD within two weeks of publicly endorsing all four tokens, asking how much "exit liquidity" his followers had absorbed, according to Cryptopolitan's earlier reporting.

Question 3

How did Hayes respond to previous exit liquidity allegations?

Accepted Answer

Hayes wrote on X that he "sold to a willing seller at a price" and that prices could have gone higher, adding that he "happened to call it right this time" regarding his trading goals, according to Cryptopolitan's June 6 report on the ZachXBT confrontation.

CARDS

Crypto Twitter turns on Arthur Hayes in fresh exit liquidity reports

One sharp brief.
Every day.

CARDS

Crypto Twitter turns on Arthur Hayes in fresh exit liquidity reports

One sharp brief.Every day.

One sharp brief.
Every day.